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Calculate the common profitability ratios. A company has the following information: the net operating income is $100,000, net sales are $2,200,000, and operating assets are
Calculate the common profitability ratios. A company has the following information: the net operating income is $100,000, net sales are $2,200,000, and operating assets are $2,000,000. Calculate the return on operating assets and the turnover of operating assets. a.) 5%; 8 b.) 2.5%; 1.1 c.) 2.5%; 8 d.) 5%; 1.1
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