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Problem 4-25 Du Pont Analysis (L04) Torrid Romance Publishers has total receivables of $3,120, which represents 20 days' sales. Total assets are $94,900. The firm's
Problem 4-25 Du Pont Analysis (L04) Torrid Romance Publishers has total receivables of $3,120, which represents 20 days' sales. Total assets are $94,900. The firm's Operating profit margin is 5.5%. Find the firm's ROA and asset turnover ratio. (Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 decimal places.)
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The Finance Book
Authors: Stuart Warner, Si Hussain
2nd Edition
1292401982, 978-1292401980
