Chapter 3, Problem 1ANFS

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What is the net income?

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What was the number of pounds?

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What is the cost of goods sold ?

Caspian Textiles has a profit margin of 3.5 percent and a return on assets (investment) of 5.6 percent. Calculate the firm's asset turnover using DuPont analysis. A) 1.49 B) 0.63 C) 6.25 D) 1.60