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Measuring efficiency (S29.3) A company has total receivables of $1,500, which represent 10 days' sales. Total assets are $75,000. The firm's operating profit margin is

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Measuring efficiency (S29.3) A company has total receivables of $1,500, which represent 10 days' sales. Total assets are $75,000. The firm's operating profit margin is 10%. What is: a) the firm's sales-to-assets ratio? (enter a value with two decimal places) b) return on assets? (enter a percentage value with two decimal places) (Hint: first compute the annual sales)

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