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Ivanhoe Industries has sales of $603,840 and net operating income of $34,000. Marshall's average operating assets total $204,000. Use the Dupont model to calculate
Ivanhoe Industries has sales of $603,840 and net operating income of $34,000. Marshall's average operating assets total $204,000. Use the Dupont model to calculate the company's return on investment. (Round answer to 2 decimal places, e.g. 52.75.) Return on investment %
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
4th edition
978-0073369709, 73369705, 78025370, 978-0077444846, 77444841, 978-0078025372
