Compute net income percent of average assets

Reference no: EM131822679

Question: Income Ratios and Asset Turnover Briggs & Stratton is the world's largest producer of air-cooled gasoline engines for outdoor power equipment. Its 2011 annual report to stockholders included the following data (in millions):

Using only the data given, compute the

(1) net income percent of average assets,

(2) total revenues,

(3) average stockholders' equity, and

(4) asset turnover (using two different approaches).

Reference no: EM131822679

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