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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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Champ Sports Corporation buys the assets of Delta Athletic Corporation. Champ continues Delta's business and retains the same personnel. Is Champ liable for Delta's debts?
There are two learning objectives of this assessment. 1. The first relates directly to the operations management materials. This assessment will develop and test your understand
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