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Given the following information:
Categories
Values
Sales
$48,000,000
Cost of goods sold
$24,000,000
Variable expenses
$ 8,000,000
Fixed expenses
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 for this firm?
b. What is the asset turnover?
c. What is the return on assets?
d. What is the size of the total assets used by the firm?
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