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Calculate the asset turnover and profit margin

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Question - Wildhorse Co. reports the following information (in millions) during a recent year: net sales, $12,800.0; net earnings, $355.0; total assets, ending, $5,165.0; and total assets, beginning, $4,220.0.

(a) Calculate the

(1) return on assets,

(2) asset turnover, and

(3) profit margin.

Reference no: EM131945323

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