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Peyton's Palace has net income of $14.4 million on sales revenue of $124 million. Total assets were $90 million at the beginning of the year
Peyton's Palace has net income of $14.4 million on sales revenue of $124 million. Total assets were $90 million at the beginning of the year and $98 million at the end of the year. Calculate Peyton's return on assets, profit margin, and asset turnover ratios. (Enter your answers in millions. Round your answers to 2 decimal places.)
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