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Easter Egg and Poultry Company has $1,040,000 in assets and $649,000 of debt. It reports net income of $120,000. a. What is the firms return
Easter Egg and Poultry Company has $1,040,000 in assets and $649,000 of debt. It reports net income of $120,000. a. What is the firms return on assets? (Enter your answer as a percent rounded to 2 decimal places.)
b. What is its return on stockholders equity? (Enter your answer as a percent rounded to 2 decimal places.)
c. If the firm has an asset turnover ratio of 4 times, what is the profit margin (return on sales)? (Enter your answer as a percent rounded to 2 decimal places.)
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