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Last year Hanson Company had a Return on Investment using the DuPont formula of 7.5% With a Profit margin of 12% and Sales of $10M,

Last year Hanson Company had a Return on Investment using the DuPont formula of 7.5%

With a Profit margin of 12% and Sales of $10M,

what is the value of the Total Assets?

18,500,000
8,000,000
$16,000,000
$10,000,000

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