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Wildhorse Co. reports the following information (in millions) during a recent year: net sales, $10,959.9; net earnings, $429.8; total assets, ending, $5,070.0; and total assets,
Wildhorse Co. reports the following information (in millions) during a recent year: net sales, $10,959.9; net earnings, $429.8; total assets, ending, $5,070.0; and total assets, beginning, $5,675.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, e.g. 6.2% and 6.2.)
I need the following help.
return on assets in %
asset turnover
and profit margin
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