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Brads BBQ reported sales of $735,000 and net income of $28,000. Brads also reported ending total assets of $496,000 and beginning total assets of $389,000.
Brads BBQ reported sales of $735,000 and net income of $28,000. Brads also reported ending total assets of $496,000 and beginning total assets of $389,000.
Required:
Calculate the return on assets, the profit margin, and the asset turnover ratio for Brad's BBQ.
Choose Numerator | Diveded by / | Choose Denominator | = | Return to Assets |
Choose Numerator | Diveded by / | Choose Denominator | = | Profit Margin |
Choose Numerator | Diveded by / | Choose Denominator | = | Asset Turnover |
Asset turnover | ||||
_________times |
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