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Return on Assets (ROA) Calculation and Asset Efficiency Analysis : A company reported net income of $1,000,000 and total assets of $10,000,000. Calculate the return
Return on Assets (ROA) Calculation and Asset Efficiency Analysis: A company reported net income of $1,000,000 and total assets of $10,000,000. Calculate the return on assets (ROA) for the company and analyze how changes in asset turnover and profit margin affect ROA. Discuss strategies to improve asset efficiency and maximize return on investment.
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