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Wildhorse Co. reports the following information (in millions) during a recent year: net sales, $10,800.0; net earnings, $432.0; total assets, ending. $5,100.0; and total
Wildhorse Co. reports the following information (in millions) during a recent year: net sales, $10,800.0; net earnings, $432.0; total assets, ending. $5,100.0; and total assets, beginning, $5,700.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, eg. 6.2 % or 6.2.) 1. Return on assets 2. Asset turnover 3. Profit margin % times
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