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Dantone, Inc. provides the following information: Profit margin ratio 5% Asset turnover ratio 3 times Net sales $400,000 Target rate of return 7% Calculate the
Dantone, Inc. provides the following information: Profit margin ratio 5% Asset turnover ratio 3 times Net sales $400,000 Target rate of return 7% Calculate the return on investment. O A. 12% OB. 35% O C. 15% OD. 2%
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