A recent annual report of Tootsie Roll Industries contains the following information. Compute the following...
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Accounting
A recent annual report of Tootsie Roll Industries contains the following information. Compute the following ratios for Tootsie Roll for the current year. a. Asset turnover (Round answer to 3 decimal ploces, e.g. 0.851 times.) times b. Return on assets (Round answer to 2 decimal places, es. 4.87\%.) c. Profit margin on sales (Round answer to 2 decimal places, eg. 4.87\%.)
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