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help please, and if you can show a little bit of work that would be nice. Barry's BBQ had sales revenue for the year of

help please, and if you can show a little bit of work that would be nice. image text in transcribed
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Barry's BBQ had sales revenue for the year of $300 million and net income of $65 million. Total assets were $40 million at the beginning of the year, and $50 million at the end of the year. Calculate Barry's return on assets, profit margin, and asset turnover ratios. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Return on assets Profit margin Asset turnover The income statement for a company reports net sales of $413,100 and net income of $51,840. Average total assets for the year are $810,000. Stockholders' equity at the beginning of the year was $510,000, and $21,000 was paid to stockholders as dividends during the year. There were no other stockholders' equity transactions that occurred during the year. Required: Calculate the return on assets, profit margin, asset turnover, and return on equity ratios. (Round your answers to 1 decimal place.) Profitability Ratios Return on assets Profit margin Asset turnover Return on equity

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