Peytons palace has net income of 14 million on sales


Peyton's Palace has net income of $14 million on sales revenue of $170 million. Total assets were $68 million at the beginning of the year and $90 million at the end of the year.

Calculate Peyton's return on assets, profit margin, and asset turnover ratios. (Round your answers to 2 decimal places. Omit the "%" sign in your response.)

Return on assets %      

Profit margin %      

Asset turnover times

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Peytons palace has net income of 14 million on sales
Reference No:- TGS01091843

Expected delivery within 24 Hours