ANSWER (c)

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Selected comparative statement data for Tyrone Company are presented below. All balance sheet data are as of December 31. Your answer is correct. Compute the profit margin for 2020. (Round answer to 1 decimal place, e.g. 15.2\%.) Profit margin \% eTextbook and Media (b) Your answer is correct. Compute the asset turnover for 2020. (Round answer to 1 decimal place, e.g. 15.2.) Asset turnover times Compute the return on assets for 2020 . (Round answer to 1 decimal place, e.8. 15.2\%.) Return on assets eTextbook and Media Attempts: 2 of 3 used (d) The parts of this question must be completed in order. This part will be available when you complete the part above