Finance Help: Consider the following financial data from the past year for Midwest Outdoor Equipment

Consider the following financial data from the past year for Midwest Outdoor Equipment Corporation.Annual sales $24,324,000Net income 2,975,000Cost of goods sold 12,600,000Total assets 10,550,000Inventory 2,875,000Receivables 3,445,000
A) Compute the profit margin
B) Compute the asset turnover ratio.
C) Compute the return on assets ratio.

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