What were augustas asset turnover and profit margin


Problem

Augusta Catering had net income of $11.44 million and net revenue of $88 million in 2008. Its assets were $14 million at the beginning of the year and $18 million at the end of the year.

What were Augusta's asset turnover and profit margin for 2006?

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Financial Accounting: What were augustas asset turnover and profit margin
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