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Based on the following SPM problem, answer the question below Tax 30% Sales 182,000 Gross Margin Cost of Goods Sold 24,000 Interest Shareholder equity $2,000

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Based on the following SPM problem, answer the question below Tax 30% Sales 182,000 Gross Margin Cost of Goods Sold 24,000 Interest Shareholder equity $2,000 $25,000 Net Profit Net Profit Margin Sales Logistics Cost 27,000 Total Cost Other Cost 59,000 Return on Assets Return on Equity Inventory Sales Asset Turnover Current Assets Total Assets 76,000 Accts. Receivable 99,500 Cash 57,500 Fixed Assets 29.500 What is the Return on Assets (%)

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