Business
Business, 28.11.2019 03:31, gasparesparzajr

Crane company reports the following information (in millions) during a recent year: net sales, $10,700.0; net earnings, $365.0; total assets, ending, $4,155.0; and total assets, beginning, $4,340.0.
(a) calculate the
(1) return on assets,
(2) asset turnover, and
(3) profit margin.
(round answers to 1 decimal place, e. g. 6.2% and 6.2.) 1. return on assets enter the return on assets in percentages rounded to 1 decimal places % 2. asset turnover enter the asset turnover rounded to 1 decimal places times 3. profit margin enter the profit margin in percentages rounded to 1 decimal places %

answer
Answers: 2

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Crane company reports the following information (in millions) during a recent year: net sales, $10,...

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