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What is the return on the assets

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Neon Light Company has $1,000,000 in assets and $600,000 of debt. It reports net income of $100,000. 

(a) what is the return on the assets? 

(b) what is the return on the stockholders equity?

(c) if the firm has an asset turnover ratio of 3 times, what is the profit margin (return on sales)?

 

 

Reference no: EM13689055

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