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Peyton's Palace has net income of $14.8 million on sales revenue of $128 million. Total assets were $94 million at the beginning of the year
Peyton's Palace has net income of $14.8 million on sales revenue of $128 million. Total assets were $94 million at the beginning of the year and $102 miltion at the end of the year. Calculate Peyton's return on assets, profit margin, and asset turnover ratios. (Round your final answers to 1decimal place. Enter your answers in millions. (i.e., $5,500,000 should be entered as 5.5).)
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