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Lampent Lightings Company recorded for the past year sales of #522,500 and average operating assets of $250,000. The margin that Lampent needed to earn in

Lampent Lightings Company recorded for the past year sales of #522,500 and average operating assets of $250,000. The margin that Lampent needed to earn in order to achieve an ROI of 12.75% is %. Round-off final answer to 2 decimal places. For uniformity of answers, use 5 decimal places for interim calculations

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