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Assume the International Bank of Canyon (IBC) has sales of $45 million, EBIT of $8 million, Total assets of $67 million, and Total debt of
Assume the International Bank of Canyon (IBC) has sales of $45 million, EBIT of $8 million, Total assets of $67 million, and Total debt of $32 million. What is IBCs profit margin?
17.8% | ||
20.4% | ||
25% | ||
11.9% |
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