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2) ABC Corporation is interested in expanding its business. The expansion will require an investment in assets of $900,000, it is expected to generate $1,500,000

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2) ABC Corporation is interested in expanding its business. The expansion will require an investment in assets of $900,000, it is expected to generate $1,500,000 in annual sales with a 10% profit margin. What is yearly net income and return on assets for the investment? (2 marks)

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