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Wildhorse Co. reports the following information (in millions) during a recent year: net sales, $12,800.0; net earnings, $355.0; total assets, ending, $5,165.0; and total assets,
Wildhorse Co. reports the following information (in millions) during a recent year: net sales, $12,800.0; net earnings, $355.0; total assets, ending, $5,165.0; and total assets, beginning, $4,220.0.
(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.)
1.Return on assets
%2.Asset turnover
times3.Profit margin
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