aalrahah-M3U6

aalrahah-M3U6 - M3:U6 Complete work in Word or Excel, save...

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M3:U6 Complete work in Word or Excel, save with file name of first letter of first name followed by full last name a dash and title for this assignment without the colon. (i.e. mhillman-M3U6) 1. Hugh Snore Bedding, Inc., has assets of $400,000 and turns over its assets 1.5 times per year. Return on assets is 12 percent. What is its profit margin (return on sales)? % , $ / , $ Sales income Net % , $ , $ assets on Return Assets income Net $600,000 1.5% $400,000 turnover asset total Assets Sales 8 000 600 000 48 12 000 400 000 48 2. Global Healthcare Products has the following ratios compared to its industry for 2008. Global Healthcare Industry Return on sales 2% 10% Return on assets 18% 12% Explain why the return-on-assets ratio is so much more favorable than the return-on-sales ratio compared to the industry. No numbers are necessary; a one-sentence answer is all that is required. 1.2
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aalrahah-M3U6 - M3:U6 Complete work in Word or Excel, save...

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