Torrid romance publishers has total receivables


Torrid Romance Publishers has total receivables of $2,820, which represents 20 days' sales. Total assets are $70,500. The firm's operating profit margin is 6.0%. Find the firm's asset turnover ratio and ROA. Asset turnover ratio ROA %

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Accounting Basics: Torrid romance publishers has total receivables
Reference No:- TGS0554466

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