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Oriole Company reports the following information (in millions) during a recent year: net sales, $10,032.0; net earnings. $220.0; total assets, ending, $4,660.0; and total
Oriole Company reports the following information (in millions) during a recent year: net sales, $10,032.0; net earnings. $220.0; total assets, ending, $4,660.0; and total assets, beginning. $4.140.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, e.g. 6.2% and 6.2.) L Return on assets 2. Asset turnover times 3. Profit margin %
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