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Crane Company reports the following information (in millions during a recent year net sales 59.259, net earnings $339,8; total assets, endine. $4,155.0; and total assets,
Crane Company reports the following information (in millions during a recent year net sales 59.259, net earnings $339,8; total assets, endine. $4,155.0; and total assets, beginning, 54,310.0. (a) Calculate the (1) return on assets. (2) asset turnover, and (3) profit margin (Round answers to 1 decimal place, 6.2% and 62) 1 Return on assets 78 2 Asset tumover times 3. Profit margin 32
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