Question
Brief Exercise 11-10 In its 2014 annual report, Campbell Soup Company reports beginning-of-the-year total assets of $8,113 million, end-of-the-year total assets of $8,323 million, total
Brief Exercise 11-10 In its 2014 annual report, Campbell Soup Company reports beginning-of-the-year total assets of $8,113 million, end-of-the-year total assets of $8,323 million, total sales of $8,268 million, and net income of $807 million. Compute Campbells asset turnover. (Round answer to 4 decimal places, e.g. 4.8726.) Asset turnover times LINK TO TEXT Compute Campbells profit margin on sales. (Round answer to 4 decimal places, e.g. 4.8726%.) Profit margin on sales % LINK TO TEXT Compute Campbells return on assets using (1) asset turnover and profit margin and (2) net income. (Round answers to 2 decimal places, e.g. 4.87%.) Return on assets (1) Asset turnover and profit margin % (2) Net income % LINK TO TEXT
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