What is the net profit margin and amount of total assets

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Reference no: EM131733001

Given the following information:

Sales $48,000,000

Cost of Goods Sold $24,000,000

Variable Expenses $8,000,000

Fixed Expenses $8,000,000

Inventory $6,000,000

Accounts Receivable $3,000,000

Other Current Assets $4,000,000

Fixed Assets $10,000,000

a. What is the Net Profit Margin?

b. What is the Asset Turnover?

c. What is the amount of Total Assets?

d. What is the Return on Assets?

You must show your work.

Reference no: EM131733001

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