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The 2025 Annual Report of Brinker International contains the following information: (in millions) June 29, 2025 June 27, 2024 Total assets $1,484 $1,436 Total
The 2025 Annual Report of Brinker International contains the following information: (in millions) June 29, 2025 June 27, 2024 Total assets $1,484 $1,436 Total liabilities 1,045 1,126 Net sales 2,761 2,820 Net income 141 138 Instructions Compute the following ratios for Brinker International for 2025: a. Asset turnover ratio. b. Rate of return on assets. c. Profit margin on sales. d. How can the asset turnover ratio be used to compute the rate of return on assets?
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Fundamental Accounting Principles
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
20th Edition
1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870
