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Please show both tables completed 11 Required information [The following information applies to the questions displayed below) Part 1 of 3 Barry Sanders, likely the
Please show both tables completed
11 Required information [The following information applies to the questions displayed below) Part 1 of 3 Barry Sanders, likely the best running back to ever play football, has opened a successful used car dealership. He has noted a higher than normal percentage of sales for trucks and SUVs with hauling capacity at his dealership. He is also aware that several of the best recreational lakes in the state are located nearby, Barry is considering expanding his dealership to include the sale of recreational boats, Barry provides the following projections of net sales, net income, and average total assets in support of his proposal ello Niet sales Net inen Average total assets Cars Only 56,470,000 470,000 1,670,000 Cars and Boats $7.670,000 670,000 1,870,000 Required: 1. Calculate Barry's return on assets, profit margin, and asset turnover for cars only. Choose Numerator Return on Assets Choose Denominator Return on Assets Retum on assets Choose Numerator Profit Margin Choose Denominator Profit Margin Profit margin Choose Numerator Asset Turnover Choose Denominator Asset Turnover Asset Turnover times - 12 Required information The following information applies to the questions displayed below) Part 2 of 3 Barry Sanders, likely the best running back to ever play football, has opened a successful used car dealership. He has noted a higher than normal percentage of sales for trucks and SUVs with hauling capacity at his dealership. He is also aware that several of the best recreational lakes in the state are located nearby, Barry is considering expanding his dealership to include the sale of recreational boats. Barry provides the following projections of net sales, net income, and average total assets in support of his proposal eBook Net sales Net Income Average total assets Cars Only 56,470,000 470,000 1,670,000 Cars and Boat $7,670,000 670,000 1,870,000 2. Calculate Barry's return on assets, profit margin, and asset turnover for cars and boots Choose Numerator Return on Assets Choose Denominator Return on Ansets Return on asset Profit Margin Choose Denominator Choose Numerator Profit Margin Profit margin Asset Turnover Choose Denominator Choose Numerator . Asset Turnover Asset Turnover O times Step by Step Solution
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