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Carey, Inc. provides the followinginformation: Profit margin ratio 6 % Asset turnover ratio 3 times Net sales $ 6 0 0 , 0 0 0

Carey, Inc. provides the followinginformation:

Profit margin ratio	6%
Asset turnover ratio	3 times
Net sales	$600,000
Target rate of return	8%

Calculate the return on investmen

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