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RETURN ON ASSETS INDUSTRY COMPARISON With this case a comparison is made between two firms in different industries using net profit margin total asset turnover, and return on assets

RETURN ON ASSETS – INDUSTRY COMPARISON

With this case, a comparison is made between two firms in different industries using net profit margin, total asset turnover, and return on assets.

Required

a. Compute the following ratios for Johnson & Johnson:

1. Net profit margin

2. Total asset turnover

3. Return on assets

b. Compute the following ratios for Best Buy Co.:

1. Net profit margin

2. Total asset turnover

3. Return on assets

c. Comment on the effect of the industry on these ratios.

Apr 02 2020 View more View Less

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