Income statement information for caroline

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Reference no: EM13918662

Use the following selected balance sheet and income statement information for Caroline Supply Co. (in millions) to compute asset turnover (AT) to the nearest hundredth of a percent.

Operating

profit

before tax

Earnings

without interest expense (EWI)

Average

total assets

Sales

Tax rate

on operating profit

$58,300

$93,400

$360,600

$1,135,420

35%

Reference no: EM13918662

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