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Easter Egg and Poultry Company has $1,370,000 in assets and $610,000 of debt. It reports net income of $191,000. a. What is the firms return
Easter Egg and Poultry Company has $1,370,000 in assets and $610,000 of debt. It reports net income of $191,000. a. What is the firms return on assets? (Enter your answer as a percent rounded to 2 decimal places.)
Return on assets | % |
b. What is its return on stockholders equity? (Enter your answer as a percent rounded to 2 decimal places.)
Return on equity | % |
c. If the firm has an asset turnover ratio of 1.5 times, what is the profit margin (return on sales)? (Enter your answer as a percent rounded to 2 decimal places.)
Profit Margin | % |
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