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Peyton's Palace has net income of $13 million on sales revenue of $110 million. Total assets were $76 million at the beginning of the year
Peyton's Palace has net income of $13 million on sales revenue of $110 million. Total assets were $76 million at the beginning of the year and $84 million at the end of the year. Calculate Peyton's return on assets, profit margin, and asset turnover ratios. (Round your final answers to 1 decimal place. Enter your answers in millions. (l.e., $5,500,000 should be entered as 5.5).) Return on Assets Peyton's Palace 96 Profit Margin Peyton's Palace Asset Turnover Peyton's Palace times
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