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Bunny Hip and Hop Brewery has $1,700,000 in assets and $681,000 of debt. It reports net income of $148,000. a. What is its ROA? (Do
Bunny Hip and Hop Brewery has $1,700,000 in assets and $681,000 of debt. It reports net income of $148,000.
a. What is its ROA? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Return on assets %
b. What is the return on shareholders equity? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Return on equity %
c. If the firm has an asset turnover ratio of 1.0 times, what is the profit margin? (Round the final answer to 2 decimal places.) Profit margin %
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