Small business management (find attachment)
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(500 words)
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Gross Profit margin:Formula: (Gross Profit/Sales)*100; Gross Profit: Net sales – Cost of salesWorking: Sales: $885,000 Less Cost of sales: $575,000 Gross Profit: $310,000 Gross Profit margin: 310,000/885,000 = 35.... Net Profit margin:Formula: (Net Profit/Sales)*100;Working: Net Profit (after tax): $35,500, Sales: $885,000 Net Profit margin: 35,500/885,000 = 4.... Return on Assets (ROA):Formula: Net Profit margin x Assets Turnover Assets Turnover: Revenues/Average Assets during the periodAssumption: Since we have balance sheet of only one year, we will assume that the total assets figure shown in it is the average held over the entire year....