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Year-end balance sheets follow. Income statement data for the Current Year and 1 Year Ago follow. Compute return on total assets for the current year

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Year-end balance sheets follow. Income statement data for the Current Year and 1 Year Ago follow. Compute return on total assets for the current year and one year ago. Based on return on total assets, did operating efficiency improve or worsen in the Current Year versi (2) Compute total asset turnover for the current year and one year ago. Compute profit margin ratio for the current year and one year ago. Did profit margin improve or worsen in the Current Year versus 1 Year Ago

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