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How can the asset turnover ratio be used to compute the

1. Ratio Analysis the 2007 Annual Report of Eastman Kodak contains the following information. Compute the following ratios for Eastman Kodak for 2007.

(a) Asset turnover ratio.
(b) Rate of return on assets.
(c) Profit margin on sales.
(d) How can the asset turnover ratio be used to compute the rate of return on assets?

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Accounting Basics: How can the asset turnover ratio be used to compute the

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