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Determine what is the asset turnover ratio

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Reference no: EM132473336

Company ABC has the below information:

Net revenues:                                      $10,000,000

Cost of Goods Sold:                                 $7,000,000

SG&A and Other expenses:                        $2,500,000

Operating income:                                      $500,000

Net income:                                              $300,000

Total Assets:                                          $4,000,000

Total liabilities:                                         $1,300,000

Total equity:                                             $2,900,000

Question a) What is the Return on Assets?

Question b) What is the return on equity?

Question c) What is the asset turnover ratio?

Question d) what is the gross margin %?

Reference no: EM132473336

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