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Last year Electric Autos had sales of $195 million and assets at the start of the year of $340 million. If Its return on start-of-year
Last year Electric Autos had sales of $195 million and assets at the start of the year of $340 million. If Its return on start-of-year assets was 10%, what was its operating profit margin? (Do not round Intermedlate calculatlons. Enter your answer as a percent rounded to 2 decimal places) Torrld Romance Publishers has total recelvables of $2,960, which represents 20 days' sales. Total assets are $74,000. The firm's operating profit margin is 5\%. Find the firm's ROA and asset turnover ratio. (Use 365 days In a year. Do not round Intermedlate calculations. Round your flnal answers to 2 decimal places.)
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