The following information is available for Ware Ltd for 2015: sales revenue $7 840 000; cost of
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The following information is available for Ware Ltd for 2015: sales revenue $7 840 000; cost of sales $3 528 000; profit $1 176 000; total equity $2 233 300; average total assets $5 113 000.
Calculate the return on assets and profit margin for Ware Ltd for 2015.
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Financial Accounting Reporting Analysis And Decision Making
ISBN: 9780730313748
5th Edition
Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong
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