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Sales: $16,800,000 Average Assets: 7,000,000 Margin (Sales/Profit): 5% A) What is the company's asset turnover ratio? B) What is the company's Return on Investment (ROI)?
Sales: $16,800,000
Average Assets: 7,000,000
Margin (Sales/Profit): 5%
A) What is the company's asset turnover ratio?
B) What is the company's Return on Investment (ROI)?
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Financial Accounting An Integrated Statements Approach
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
2nd Edition
