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Brad's BBQ reported sales of $870,000 and net income of $41,500. Brad's also reported ending total assets of $505,000 and beginning total assets of
Brad's BBQ reported sales of $870,000 and net income of $41,500. Brad's also reported ending total assets of $505,000 and beginning total assets of $398,000. Required: Calculate the return on assets, the profit margin, and the asset turnover ratio for Brad's BBQ Choose Numerator + Return on Assets Choose Denominator Return on Assets = Return on assets = Choose Numerator + Profit Margin Choose Denominator Profit Margin = Profit margin
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