Explain what is the asset turn over, Operation Management

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Given the following information:

sales:48,000,000

CGS:24,000,000

Variable expense:8,000,000

fixed expenses:8,000,000

inventory:6,000,000

account receivable: 3,000,000

other current assets: 4,000,000

fixed assets:10,000,000

1.what is the net profit margin for this firm? 16.67%

2.what is the asset turn over? $2

3.what is the return on assets? 33.34

4.what is the size of total assets used by the firm?


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