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Assume that a firm has sales of $11,700,000, total assets of $4,500,000, total common equity of $1,635,000, and an ROE of 37.4985 percent. Given this
Assume that a firm has sales of $11,700,000, total assets of $4,500,000, total common equity of $1,635,000, and an ROE of 37.4985 percent. Given this information, and using the DuPont equation, determine the profit margin for this firm
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