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Calculate the return on assets and asset turnover

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Reference no: EM133005169

Question - Cullumber Company reports the following information (in millions) during a recent year: net sales, $12,846.4; net earnings, $282.3; total assets, ending, $5,370.0; and total assets, beginning, $4,990.0. Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin.

Reference no: EM133005169

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