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Torrid Romance Publishers has total receivables of $3,060, which represents 20 days sales. Total assets are $74,460. The firms operating profit margin is 5.2%. Find
Torrid Romance Publishers has total receivables of $3,060, which represents 20 days sales. Total assets are $74,460. The firms operating profit margin is 5.2%. Find the firm's ROA and asset turnover ratio. (Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 2 decimal places.)
Asset turnover ratio ????? answer??/
ROA???? %??? It's a percentage .... answer?
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