Wildhorse Co. reports the following information (in millions) during a recent year: net sales, $11,750.0; net...
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Wildhorse Co. reports the following information (in millions) during a recent year: net sales, $11,750.0; net earnings, $587.5; total assets, ending, $5,200.0; and total assets, beginning, $4,200.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, e.g. 6.2% or 6.2.) 1. Return on assets 2. Asset turnover % times 3. Profit margin % Wildhorse Co. reports the following information (in millions) during a recent year: net sales, $11,750.0; net earnings, $587.5; total assets, ending, $5,200.0; and total assets, beginning, $4,200.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, e.g. 6.2% or 6.2.) 1. Return on assets 2. Asset turnover % times 3. Profit margin %
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