The company net profit margin and total asset turnover

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You calculate Return on Assets (ROA) and find it to be 5.39% based on net income (available to common stockholders) of $350,000 and total assets of $6,500,000. You dig further and find that sales were $12,000,000. What does this information tell you about the company’s net profit margin and total asset turnover? Provide values to support your assessment.

Reference no: EM132258508

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