In its 2014 annual report Winkler Limited reports beginning of the year total
In its 2014 annual report, Winkler Limited reports beginning-of-the-year total assets of $1,923 million, end of- the-year total assets of $2,487 million, total revenue of $2,687 million, and net income of $52 million.
(a) Calculate Winkler's asset turnover ratio.
(b) Calculate Winkler's profit margin.
(c) Calculate Winkler's rate of return on assets
(1) Using the asset turnover and profit margin, and
(2) Using net income.
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