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Sandhill Company reports the following information (in millions) during a recent year: net sales, $15,642.0; net income, $391.1; total assets, ending, $5,000.0; and total assets,
Sandhill Company reports the following information (in millions) during a recent year: net sales, $15,642.0; net income, $391.1; total assets, ending, $5,000.0; and total assets, beginning, $4,900.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin ratios. (Round answers to 2 decimal places, e.g. 15.20% or 15.12.) (1) (2) (3) Return on assets Asset turnover Profit margin % times % Sandhill Company reports the following information (in millions) during a recent year: net sales, $15,642.0; net income, $391.1; total assets, ending, \$5,000.0; and total assets, beginning, $4,900.0 (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin ratios. (Round answers to 2 decimal places, es. 15.20\% or 15.12) (1) Return on assets (2) Asset turnover times (3) Profitmargin
Sandhill Company reports the following information (in millions) during a recent year: net sales, $15,642.0; net income, $391.1; total assets, ending, $5,000.0; and total assets, beginning, $4,900.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin ratios. (Round answers to 2 decimal places, e.g. 15.20% or 15.12.) (1) (2) (3) Return on assets Asset turnover Profit margin % times %
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