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Briggs Company has operating income of $61,632, invested assets of $214,000, and sales of $770,400. Use the DuPont formula to compute the return on investment.

Briggs Company has operating income of $61,632, invested assets of $214,000, and sales of $770,400. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places.

a. Profit margin
b. Investment turnover
c. Return on investment

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