A venture recorded revenues of $1 million last year and a net profit of $100,000. Total assets

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A venture recorded revenues of $1 million last year and a net profit of $100,000. Total assets were $800,000 at the end of last year.
A. Calculate the venture’s net profit margin.
B. Calculate the venture’s asset turnover.
C. Calculate the venture’s return on total assets.

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Entrepreneurial Finance

ISBN: 978-0538478151

4th edition

Authors: J . chris leach, Ronald w. melicher

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