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Calculate the return on assets

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Reference no: EM131706216

Question - Brad's BBQ reported sales of $840,000 and net income of $38,500. Brad's also reported ending total assets of $503,000 and beginning total assets of $396,000.

1) Calculate the return on assets.

2) Calculate the profit margin.

3) Calculate the asset turnover ratio.

Steps would be helpful thanks.

Reference no: EM131706216

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