Easter egg and poultry company has 1700000 in assets and, Ask an Expert

Finance

Easter Egg and Poultry Company has $1,700,000 in assets and $681,000 of debt. It reports net income of $148,000.

a. What is the firm’s return on assets? (Enter your answer as a percent rounded to 2 decimal places.)

b. What is its return on stockholders’ equity? (Enter your answer as a percent rounded to 2 decimal places.)

c. If the firm has an asset turnover ratio of 1 times, what is the profit margin (return on sales)? (Enter your answer as a percent rounded to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92840605

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