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30-11-2022
Business

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Cullumber Company reports the following information (in millions) during a recent year: net sales, $11,898.0; net earnings, $396.6; total assets, ending. $5,825.0, and total assets, beginning. $4,090.0.
(a) Calculate the
(1) return on assets. (2) asset turnover, and (3) profit margin.

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