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Business, 16.07.2019 00:30 pino40

Baker oats had an asset turnover of 1.6 times per year. a. if the return on total assets (investment) was 12 percent, what was baker’s profit margin? (input your answer as a percent rounded to 1 decimal place.) b. the following year, on the same level of assets, baker’s assets turnover declined to 2 times and its profit margin was 6 percent. how did the return on total assets change from that of the previous year?

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Baker oats had an asset turnover of 1.6 times per year. a. if the return on total assets (investment...
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