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margin is 1 2 percent. a . Compute the firm's 2 0 1 6 net operating income AND net income. b . Calculate the firm's

margin is 12 percent.
a. Compute the firm's 2016 net operating income AND net income.
b. Calculate the firm's operating return on assets AND return on equity. (Hint: You can assume that interest must be paid on all of the firm's liabilities.)
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