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Dulaney's Stores has posted the following yearly earnings and expenses. Solve B by calculating the new pretax profit margin and the new ROA. Dulaney's Stores

Dulaney's Stores has posted the following yearly earnings and expenses.

Solve B by calculating the new pretax profit margin and the new ROA.image text in transcribedimage text in transcribed

Dulaney's Stores has posted the following yearly earnings and expenses. Click the icon to view the yearly data. a. Dulaney's current profit margin is \%. (Enter your response rounded to one decimal place.) Dulaney's current yearly ROA is \%. (Enter your response rounded to one decimal place.) b. Suppose COGS and merchandise inventory were each cut by 5%. The new pretax profit margin is \%. (Enter your response rounded to one decimal place.) More Info

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