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Your company earns $1,000,000 net margin on $50,000,000 revenue with $25,000,000 in assets. Your (i) return on assets, and (ii) asset turnover are: (i) 2.0%
Your company earns
$1,000,000
net margin on
$50,000,000
revenue with
$25,000,000
in assets. Your (i) return on assets, and (ii) asset turnover are:\ (i)
2.0%
; (ii) 2.0\ (i)
4.0%
; (ii) 2.0\ (i)
4.0%
; (ii) 4.0\ None of the above
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