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标题_Kimmel_Financial_6e_PowerPoint_Ch13
Copyright Profit Margin Ratio - Or rate of return on sales, is a measure of the percentage of each dollar of sales that results in net income. Calculate the ratio for Chicago. High-volume (high inventory turnover) businesses such as grocery stores and pharmacy chains generally have low profit margins. 9.4% 9.2% Illustration 13A-18 appendix 13A Comprehensive Ratio Analysis Asset Turnover Ratio - Measures how efficiently a company uses its assets to generate sales. Calculate the ratio for Chicago. The average asset turnover for utility companies is .45, for example, while the grocery store in
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