Phoenix Corp Had Net Income of $145,500,net Sales of $1,379,690,and

question 228

Essay

Phoenix Corp had net income of $145,500,net sales of $1,379,690,and average total assets of $1,026,650.Calculate the profit margin,total asset turnover,and return on total assets.

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Definitions:

Aboriginals

Indigenous peoples native to a land or region, especially referring to the First Nations, Inuit, and Métis peoples of Canada.

American West

A region of the United States located west of the Mississippi River, characterized by its diverse landscapes, history of expansion and settlement, and cultural significance.

Agricultural Production

Refers to the process of cultivating crops and livestock for human consumption and use.