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Problem 4-24 Du Pont Analysis (LO4) Last year Electric Autos had sales of $120 million and assets at the start of the year of $190

Problem 4-24 Du Pont Analysis (LO4)

Last year Electric Autos had sales of $120 million and assets at the start of the year of $190 million. If its return on start-of-year assets was 10%, what was its operating profit margin? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places)

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