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Calculate profit margin and asset turnover

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Reference no: EM131722189

Problem - Calculate Profit Margin, Asset Turnover and ROI Ratios for the following; In addition, according to this problem, how do you explain these ratios?

From the Firm's Balance Sheet:

Total Assets: March 31, 2013                       364,720

Total Assets: March 31, 2014                       402,654

From the Firm's Income Statement for Year Ended March 31, 2014:

Net sales           611,873

Net income         34, 910

Reference no: EM131722189

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