Question: How to remember this for the test? Brad's BBQ reported sales of $675,000 and net income of $42,500. Brad's also reported ending total assets of

 How to remember this for the test? Brad's BBQ reported salesof $675,000 and net income of $42,500. Brad's also reported ending total

How to remember this for the test?

Brad's BBQ reported sales of $675,000 and net income of $42,500. Brad's also reported ending total assets of $492,000 and beginning total assets of $385,000. Required: Calculate the return on assets, the profit margin, and the asset turnover ratio for Brad's BBQ Return on Assets Choose Denominator Choose Numerator = = Return on Assets Return on assets Profit Margin Choose Denominator Choose Numerator = - = Profit Margin Profit margin Asset Turnover Choose Numerator = Choose Denominator = Asset Turnover Asset turnover times

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