A Company Reported Net Income of $225,000, Net Sales of $2,500,000

question 55

Essay

A company reported net income of $225,000, net sales of $2,500,000, and average total assets of
$2,100,000 for the current year. Calculate this company's profit margin, total asset turnover, and return on total assets.

---

Definitions:

Origins

The location or source where something originates or comes from.

Destinations

The places or points to which something or someone is going or being sent.

Routes

The paths or courses taken to achieve a specific goal or destination, often used in the context of logistics and transportation planning.

Northwest-Corner Method

A technique used in transportation and logistics to find an initial feasible solution for the Transportation Problem by starting at the northwest corner of a cost matrix and moving south and east to allocate shipments.