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Edison Company reported the following for the current year Net sales 590, een Cost of goods sold 65,000 Net income 23,400 Beginning balance of total
Edison Company reported the following for the current year Net sales 590, een Cost of goods sold 65,000 Net income 23,400 Beginning balance of total assets 75,00 Ending balance of total assets 83, een Compute(aprofit margin and (b) return on total assets. Complete this question by entering your answers in the tabs below. Profit Margin Ratio Return on Total Assets Compute the profit margin ratio. Protit Margin Ratio Denominator Numerator Profit Margin Ratio Profit margin ratio Return On Total Asset > Lompute protit margin and (b) return on total assets Complete this question by entering your answers in the tabs below. Profit Margin Ratio Return On Total Assets Compute the return on total assets. Return On Tatal Assets Denominator Numerator Retum On Total Assets Return on total assets =
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