Doverly Co. has total assets of $9,200,000 and a total asset turnover of 2.10 times. Assume the return on assets is 10.5%. What is the profit margin?
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Doverly Co. has total assets of $9,200,000 and a total asset turnover of 2.10 times. Assume the return on assets is 10.5%. What is the profit margin?
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- What is the profit margin?Doverly Co. has total assets of $9,200,000 and a total asset turnover of 2.10 times. Assume the return on assets is 10.5%. What is the profit margin? answer this questionDoverly Co. has total assets of $9,200,000 and a total asset turnover of 2.10 times. Assume the return on assets is 10.5%. What is the profit margin?
- Answer the below QuestionsDimeback Co. has total assets of $8,500,000 and a total asset turnover of 1.8 times. If the return on assets is 8.5 percent. Required: What is its profit margin? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Profit marginNeed both answer
- Don Co. has total assets of $8,500,000 and a total asset turnover of 2.54 times. Assume the return on assets is 15 percent. Required: What is its profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) Profit margin _%.TR's has annual sales of $612,200, total debt of $153,000, total equity of $354,000, and a profit margin of 6.78 percent. What is the return on assets? ANSWERWhat is the return on assets?