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Peyton's Palace has net income of $13.6 million on sales revenue of $116 million. Total assets were $82 million at the beginning of the year
Peyton's Palace has net income of $13.6 million on sales revenue of $116 million. Total assets were $82 million at the beginning of the year and $90 million at the end of the year. Calculate Peyton's return on assets, profit margin, and asset turnover ratios. (Enter your answers in millions. (i.e., $5,500,000 should be entered as 5.5).)
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