Calculate the return on assets and profit margin

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Reference no: EM13811626

Peyton's Palace has net income of $14 million on sales revenue of $170 million. Total assets were $68 million at the beginning of the year and $90 million at the end of the year.

Calculate Peyton's return on assets, profit margin, and asset turnover ratios. (Round your answers to 2 decimal places. Omit the "%" sign in your response.)

Return on assets %

Profit margin %

Asset turnover times

Reference no: EM13811626

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