A company's income is $95,000. Sales are 1,500,000 and ROI is 19%. Find turnover and average total assets.
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- Briggs Company has operating income of $45,760, invested assets of $143,000, and sales of $457,600. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover c. Return on investment %Please help me to compute turnover for the year was....show calculationA company reports the following: Sales $10,975,200Average total assets $1,371,900 Determine the asset turnover ratio. Round your answer to one decimal place.