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Elizabeth Tailors Incorporated has assets of $ 8 , 2 0 0 , 0 0 0 and turns over its assets 2 . 8 times

Elizabeth Tailors Incorporated has assets of $8,200,000 and turns over its assets 2.8 times per year. Return on assets is 17.5 percent.
What is the firms profit margin (returns on sales)?

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