A company had net income of $43,000, net sales of $380,500, and average total assets of $220,000. Its profit margin and total asset turnover were, respectively:
A. 1.7%; 19.5.
B. 11.3%; 19.5.
C. 11.3%; 1.73.
D. 19.5%; 11.3.
E. 1.7%; 11.3.
Answer: C
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