Margin and total asset, A company had net income of

Margin and total asset

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Reference no: EM13915901

A company had net income of $49,000, net sales of $390,000, and average total assets of $290,000. Its profit margin and total asset turnover were respectively:

A) 12.56%; 1.34.
B) 12.56%; 0.17.
C) 1.34%; 12.56.
D) 1.34%; 0.17.
E) 1.96%; 1.34.

Reference no: EM13915901

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