Exercise 7-19 (Algo) Calculate ratios (LO7-7) Bob's BBQ reported sales of $725,244 and net income of $38,229. Bob's also reported ending total assets of $487,555 and beginning total assets of $390,613. Required: Calculate the return on assets, the profit margin, and the asset turnover ratio for Bob's BBQ. Choose Numerator Return on Assets Choose Denominator Choose Numerator Profit Margin Return on Assets Return on Assets Choose Denominator Profit Margin Profit Margin 0 Asset Turnover Ratio Choose Numerator Choose Denominator = Asset Turnover Asset Turnover 0 times