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Profit Margin, Investment Turnover, and ROI Briggs Company has operating income of $27,360, invested assets of $152,000, and sales of $273,600. Use the DuPont formula
Profit Margin, Investment Turnover, and ROI Briggs Company has operating income of $27,360, invested assets of $152,000, and sales of $273,600. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover c. Return on investment %
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