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es Edison Company reported the following for the current year: Net sales Cost of goods sold $ 93,000 68,000 Net income 24,180 Beginning balance
es Edison Company reported the following for the current year: Net sales Cost of goods sold $ 93,000 68,000 Net income 24,180 Beginning balance of total assets 76,000 85,200 Ending balance of total assets 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. Numerator: Profit Margin Ratio Denominator: Profit Margin Ratio = Profit margin ratio % Profit Margin Ratio Return On Total Assets >
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