Calculate total asset turnover and return on assets based on the following: Net income$15.0 millionSales68.0 millionTotal...
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Accounting
Calculate total asset turnover and return on assets based on the following:
Net income | $15.0 million |
Sales | 68.0 million |
Total Assets, beginning of the year | 14.6 million |
Total Assets, end of the year | 17.1 million |
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