Cullumber Company reports the following information (in millions) during a recent year: net sales, $12,375.0; net...
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Cullumber Company reports the following information (in millions) during a recent year: net sales, $12,375.0; net earnings, $742.5; total assets, ending, $5,800.0; and total assets, beginning, $4,100.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, eg. 6.2% or 6.2.) 1. Return on assets % 2. Asset turnover times 3. Profit margin % Cullumber Company reports the following information (in millions) during a recent year: net sales, $12,375.0; net earnings, $742.5; total assets, ending, $5,800.0; and total assets, beginning, $4,100.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, eg. 6.2% or 6.2.) 1. Return on assets % 2. Asset turnover times 3. Profit margin %
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