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Calculate the return on assets and asset turnover

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Question - Pharoah Company reports the following information (in millions) during a recent year: net sales, $9,940.5; net earnings, $331.4; total assets, ending, $5,530.0; and total assets, beginning, $5,515.0. Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin.

Reference no: EM132566859

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