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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

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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 11.9 %. (Enter your response rounded to one decimal place.) Dulaney's current yearly ROA is 92.82 %. (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 16.6 %. (Enter your response rounded to one decimal place.) The new ROA is %. (Enter your response rounded to one decimal place.) More info Earnings and Expenses (Year Ending January 2012) Sales $78,000,000 Cost of goods sold (COGS) $73,000,000 Pretax earnings $9,282,000 Selected Balance Sheet Items Merchandise Inventory $4,641,000 Total assets $10,000,000 Done -

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