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Profit Margin, Investment Turnover, and ROI Briggs Company has income from operations of $36,000, invested assets of $180,000, and sales of $720,000. Use the DuPont

Profit Margin, Investment Turnover, and ROI Briggs Company has income from operations of $36,000, invested assets of $180,000, and sales of $720,000. Use the DuPont formula to compute the rate of return on investment. Round your answers to one decimal place.

a. Profit margin % b. Investment turnover c. Rate of return on investment

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