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Problem 3 - 8 ( Algo ) Profitability ratios [ LO 3 - 2 ] Easter Egg and Poultry Company has $ 1 , 4
Problem Algo Profitability ratios LO
Easter Egg and Poultry Company has $ in assets and $ of debt. It reports net income of $
a What is the firm's return on assets?
Note: Enter your answer as a percent rounded to decimal places.
Return on assets
b What is its return on stockholders' equity?
Note: Enter your answer as a percent rounded to decimal places.
Return on equity
c If the firm has an asset turnover ratio of times, what is the profit margin return on sales
Note: Enter your answer as a percent rounded to decimal places.
Profit margin
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