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RM Smithers Company had an operating profit margin of 10% based on sales of $10 million and total assets of $5 million. What was Smithers

RM Smithers Company had an operating profit margin of 10% based on sales of $10 million and total assets of $5 million. What was Smithers total asset turnover ratio and operating return on assets?

a. 10% and 2.0

b.20% and 2.0

c. 2.0 and 20%

d.2.0 and 30%

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