Question: Pointer, Co . has total assets of $ 9 , 5 0 0 , 0 0 0 and a total asset turnover of 2 .

Pointer, Co. has total assets of $9,500,000 and a total asset
turnover of 2.29 times. Assume
the return on assets is 12 percent.
What is the company's sales?
What is the company's net income?
What is its profit margin?
Pointer, Co. has total assets of $9,500,000 and a total asset

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