a) Using the financial data presented below, calculate the total asset turnover

Accounts receivable RM1,020,000

Earnings after tax RM750,000

Average collection period 30 days

Return on asset 15%

b)

Sales RM 25,200

Cost of Goods Sold RM 19,200

Net Profit RM 3,600

Inventory RM 8,000

Current Liabilities RM 6,000

Other Current Assets RM 7,600

Fixed Asset RM 14,400

From the data calculate:

1. Gross Profit margin
2. Net Profit Margin
3. Return on Total Asset
4. Inventory Turnover