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The R.M. Smithers Corporation earn an operating profit margin of 10% based on sales of 10 million dollars and total assets of $5million last year. a.What was Smithers’ total asset turnover ratio?
The R.M. Smithers Corporation earn an operating profit margin of 10% based on sales of 10 million dollars and total assets of $5million last year. a.What was Smithers’ total asset turnover ratio?