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At the end of the year, Wrinkle Free Laundry (WFL) had $150,000 in total assets. (a) If wFL's total assets turnover was 2.0, what were

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At the end of the year, Wrinkle Free Laundry (WFL) had $150,000 in total assets. (a) If wFL's total assets turnover was 2.0, what were its sales revenues? (b) If WFL's return on assets was 6 percent, what were its net income and net profit margin? 2-8

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