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The following financial values have been taken from the books of DD Corporation: Net Sales $140,000 Total Assets, 12/31/2010 $125,000 Total Assets, 12/31/2009 $100,000 Net
The following financial values have been taken from the books of DD Corporation:
Net Sales | $140,000 |
Total Assets, 12/31/2010 | $125,000 |
Total Assets, 12/31/2009 | $100,000 |
Net Income | $18,000 |
You are required to calculate:
- Asset Turnover Ratio
- Profit margin on sales
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Study Guide/Workbook To Accompany Intro To Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
5th Edition
0077243641, 978-0077243647
