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In an effort to analyze Clockwork Company finances, Jim realized that he was missing the companys net profits after taxes for the current year. Find

In an effort to analyze Clockwork Company finances, Jim realized that he was missing the companys net profits after taxes for the current year. Find the companys net profits after taxes using the following information

Return on total assets = 3%

Total asset turnover = 0.5

Cost of Goods sold = $175,000

Gross profit margin = 0.30

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