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Calculate the return on assets and the profit margin

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Reference no: EM131814289

Exercise Calculate ratios

Brad's BBQ, reported sales of $735,000 and net income $28,000 in its 2015 income statement. Brad's also reported total assets of $496,000 in its 2015 halanoe sheet and $389,000 in its 2014 balance sheet.

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calculate the return on assets, the profit margin, and the as. turnover ratio ler Brads BBO in 2015.

Reference no: EM131814289

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