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Edison Company reported the following for the current year: Net sales $ 81,000 Cost of goods sold 57 , Net income 20, 250 Beginning balance
Edison Company reported the following for the current year: Net sales $ 81,000 Cost of goods sold 57 , Net income 20, 250 Beginning balance of total assets 61, Ending balance of total assets 74,000 Compute (a) profit 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. Profit Margin Ratio Denominator Numerator Profit Margin Ratio Profit margin ratio Pratit Margin Ratio Return On Total Assets > Edison Company reported the following for the current years Net sales $ 81,000 Cost of goods sold 57,000 Net Income 20, 250 Beginning balance of total assets 61,080 Ending balance of total assets 74,000 Compute (a) profit 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, Retum On Total Assets Denominator Numerator: Return On Total Assets Return on total assets
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