Given the following information:
Sales $48,000,000
Cost of Goods Sold $24,000,000
Variable Expenses $8,000,000
Fixed Expenses $8,000,000
Inventory $6,000,000
Accounts Receivable $3,000,000
Other Current Assets $4,000,000
Fixed Assets $10,000,000
a. What is the Net Profit Margin?
b. What is the Asset Turnover?
c. What is the amount of Total Assets?
d. What is the Return on Assets?
You must show your work.