Solution-Calculate the return on assets

Calculate the return on assets

Reference no: EM132633978

Question - Wildhorse Co. reports the following information (in millions) during a recent year: net sales, $12,763.6; net earnings, $375.4; total assets, ending, $5,165.0; and total assets, beginning, $4,220.0.

Required - Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin.

Reference no: EM132633978

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Calculate the return on assets

Reference no: EM132633978

Reference no: EM132633978

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