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What is the return on assets

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Easter Egg and Poultry Company has $2,000,000 in assets and $1,400,000 of debt. It reports net income of $200,000. Show formula and work.

a. What is the return on assets?

b. What is the return on stockholders' equity?

c. If the firm has an asset turnover ratio of 2.5 times, what is the profit margin (return on sales)?

Reference no: EM132395300

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