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In its 2020 annual report, Sweet Acacia Limited reports beginning-of-the-year total assets of $2,338 million, end-of-the-year total assets of $2.382 million, total revenue of $2,527
In its 2020 annual report, Sweet Acacia Limited reports beginning-of-the-year total assets of $2,338 million, end-of-the-year total assets of $2.382 million, total revenue of $2,527 million, and net income of $82 million. Calculate Sweet Acacia's asset turnover ratio. (Round answer to 2 decimal places, e.g. 52.75.) Asset turnover ratio times e Textbook and Media Calculate Sweet Acacia's profit margin. (Round answer to 2 decimal places, e.g. 52.75%.) Profit margin % e Textbook and Media Calculate Sweet Acacia's rate of return on assets (1) using the asset turnover and profit margin, and (2) using net income. (Round answers to 2 decimal places, eg. 52.75%.) Rate of return on assets (1) Using the asset turnover and profit margin (2) Using net income
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