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!! Current Attempt in Progress Linley Company reports the following information (in millions) during a recent year: net sales, $11,408.5; net earnings $264.8; total assets,
!! Current Attempt in Progress Linley Company reports the following information (in millions) during a recent year: net sales, $11,408.5; net earnings $264.8; total assets, ending, $4,312.6; and total assets, beginning, $4,254.3. Prove mathematically how the profit margin and asset turnover work together to explain return on assets, by showing the appropriate calculation. B 1 T TI : iii 11! 99 TT + O Word(s)
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