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Linebarger Corporation has net income of $14.63 million and net revenue of $84.34 million in 2017. Its assets are $12.78 million at the beginning of
Linebarger Corporation has net income of $14.63 million and net revenue of $84.34 million in 2017. Its assets are $12.78 million at the beginning of the year and $24.37 million at the end of the year. What are Linebargers (a) asset turnover and (b) profit margin? (Round answers to 1 decimal place, e.g. 1.6 or 1.6%.)
(a) | Asset turnover | times | |||
(b) | Profit margin % |
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