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Peyton's Palace has net income of $14 million on sales revenue of $170 million. Total assets were $68 million at the beginning of the year
Peyton's Palace has net income of $14 million on sales revenue of $170 million. Total assets were $68 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. (Round your answers to 2 decimal places. Omit the "%" sign in your response.)
Return on assets % Profit margin % Asset turnover times
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