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Brad's BBQ reported sales of $840,000 and net income of $38,500. Brad's also reported ending total assets of $503,000 and beginning total assets of $396,000

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Brad's BBQ reported sales of $840,000 and net income of $38,500. Brad's also reported ending total assets of $503,000 and beginning total assets of $396,000 Required: Calculate the return on assets, the profit margin, and the asset turnover ratio for Brad's BBQ Return on Assets + Choose Denominator Choose Numerator Return on Assets Return on assets Profit Margin Choose Denominator Choose Numerator Profit Margin Profit margin Asset Turnover Choose Numerator Choose Denominator Asset Turnover Asset turnover 11 times

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