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Alex Corporation had $650,000 in invested assets, sales of $700.000, operating income amounting to $99,000, and a desired minimum retum on investment of 15%. The

Alex Corporation had $650,000 in invested assets, sales of $700.000, operating income amounting to $99,000, and a desired minimum retum on investment of 15%. The profit margin for Alex Corporation is > 15.2% 0.7.1% 20% 14.1%

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