Sweet Dreams Mattress Co. has assets of $750,000 and turns over its assets 2 times per year. Return on assets is 15%. What is its profit margin (return on sales)?
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What is its profit margin
![Sweet Dreams Mattress Co. has assets of $750,000 and
turns over its assets 2 times per year. Return on assets is
15%. What is its profit margin (return on sales)?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F765352ea-2163-490b-8171-f6733c1a5b5c%2F305177d0-5eb2-4ed9-9064-bc52e285aa1c%2F42avzfac_processed.jpeg&w=3840&q=75)
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