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Hugh Snore Bedding has assets of $5,390,000 and turns over its assets 2.2 times per year. ROA is 12 percent. What is the firm's profit

Hugh Snore Bedding has assets of $5,390,000 and turns over its assets 2.2 times per year. ROA is 12 percent. What is the firm's profit margin? (Round the answer to 2 decimal places.) Profit marg...

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