A company reported net income for 2009 of $98,000 and $106,000 in 2010.It also reported net sales of $735,000 in 2009 and $798,000 in 2010.The company's average total assets in 2009 were $1,850,000 and $1,720,000 in 2010.Calculate this company's profit margin,total asset turnover and return on total assets for 2009 and 2010.Comment on the results.

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The Answer of A company reported net income for 2009 of $98,000 and $106,000 in 2010.It also reported net sales of $735,000 in 2009 and $798,000 in 2010.The company's average total assets in 2009 were $1,850,000 and $1,720,000 in 2010.Calculate this company's profit margin,total asset turnover and return on total assets for 2009 and 2010.Comment on the results.

A Company Reported Net Income for 2009 of $98,000 and $106,000