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Please Show Work and round correctly to decimal places requested. Highgate Computer Company produces $1.7 million in profits from $35 million in sales. It has
Please Show Work and round correctly to decimal places requested.
Highgate Computer Company produces $1.7 million in profits from $35 million in sales. It has total assets of $18.5 million. a. Calculate Highgate's total asset turnover and its net profit margin. b. Find the company's ROA, ROE, and book value per share, given that it has a total net worth of $7.1 million and 771,743 shares of common stock outstanding. a. Highgate's total asset turnover is(Round to two decimal places.) Highgate's net profit margin is 11%. (Round to two decimal places.) b. The company's ROA is%. (Round to two decimal places.) The company's ROE is %. (Round to two decimal places.) The company's book value per share is s(Round to two decimal places.) Enter your answer in each of the answer boxesStep by Step Solution
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