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Peyton Co's sales rose 1 2 percent over prior year sales of $ 1 0 0 , 0 0 0 ; however net income, increased
Peyton Co's sales rose percent over prior year sales of $; however net income, increased by only percent over the prior year's net income. If Peyton prior year return on sales ratio was percent,
what is the current year return on sales ratio?
Round answer to one decimal place.
Current Year Return on Sales Ratio
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