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Calculate the return on assets and asset turnover

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Reference no: EM132099769

Question - Bakely Company reports the following information (in millions) during a recent year: net sales, $11,408.5; net earnings, $264.8; total assets, ending, $4,312.6; and total assets, beginning, $4,254.3.

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

Reference no: EM132099769

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