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Current Attempt in Progress Crane Company reports the following information (in millions) during a recent year: net sales, $10,300.0; net earnings, 5618.0; total assets,
Current Attempt in Progress Crane Company reports the following information (in millions) during a recent year: net sales, $10,300.0; net earnings, 5618.0; total assets, ending. $5,100.0; and total assets, beginning, $5,200.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, eg 6.2% or 6.2) 1. Return on assets % times 2 Asset turnover % 3. Profit margin
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