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Last year Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-of-year
Last year Electric Autos had sales of $100 million and assets at the start of the year of $150 million. If its return on start-of-year assets was 15%, what was its operating profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places)
Operating profit margin =?
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