Cullumber Company reports the following information (in millions) during a recent year: net sales, $11.898.0,...
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Cullumber Company reports the following information (in millions) during a recent year: net sales, $11.898.0, net earnings, $396.6; total assets, ending. $5.825.0; and total assets, beginning. $4,090.0. (a) Calculate the (1) return on assets. (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, eg. 6.2% and 6.2.) 1. Return on assets % 2. Asset turnover times 3 Proht margin
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