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Easter Egg and Poultry Company has $1,730,000 in assets and $617,000 of debt. It reports net income of $116,000. What is the firms return on
Easter Egg and Poultry Company has $1,730,000 in assets and $617,000 of debt. It reports net income of $116,000.
What is the firms return on assets?
Note: Enter your answer as a percent rounded to 2 decimal places.
What is its return on stockholders equity?
Note: Enter your answer as a percent rounded to 2 decimal places.
If the firm has an asset turnover ratio of 2 times, what is the profit margin (return on sales)?
Note: Enter your answer as a percent rounded to 2 decimal places.
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