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Carey, Inc. provides the following information: Profit margin ratio Asset turnover ratio Net sales Target rate of return 8% 2 times $550,000 9% Calculate the

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Carey, Inc. provides the following information: Profit margin ratio Asset turnover ratio Net sales Target rate of return 8% 2 times $550,000 9% Calculate the return on investment. (Round your answer to the nearest whole percent.) OA, 17% O B. 196 C. 1696 D. 72%

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