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Results from Nedlog Company are as follows: Operating Income $8900 Total Assets $15265 Current Liabilities $3717 Sales $35334 Target Rate of Return (Cost of Capital)

Results from Nedlog Company are as follows: Operating Income $8900 Total Assets $15265 Current Liabilities $3717 Sales $35334 Target Rate of Return (Cost of Capital) 16% Calculate Sales Margin. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place.

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