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Brief Exercise 14-10 Linebarger Corporation has net income of $12.23 million and net revenue of $84.09 million in 2015. Its assets are $13.35 million at
Brief Exercise 14-10 Linebarger Corporation has net income of $12.23 million and net revenue of $84.09 million in 2015. Its assets are $13.35 million at the beginning of the year and $22.48 million at the end of the year. What are Linebarger's (a) asset turnover and (b) profit margin? (Round answers to 1 decimal place, e.g. 1.6 or 1.6%.) times (a) Asset turnover (b) Profit margin
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