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In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $ 1 to go buy
In response to complaints about high prices, a grocery chain runs the following advertising campaign: If you pay your child $ to go buy $ worth of groceries, then your child makes about twice as much on the trip as we do Youve collected the following information from the grocery chains financial statements:
in millions
Sales $
Net income
Total assets
Total debt
What is the childs profit margin?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
What is the stores profit margin?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
What is the store's ROE?
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