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Results from optimum Corporation ' s most recent year of operations is presented in the following table. Operating income. . . . . . .
Results from optimum Corporations most recent year of operations is presented in the following table. Operating income.
$
Total assets.
$
Current liabilities.
$
Sales.
$
Target rate of return.
Weightedaverage cost of capital.
Tax rate.
Requirements
Calculate the profit margin, asset turnover, and return on investmentROI
Calculate the residual income.
Calculate the economic value addedEVA
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Requirement Calculate the profit margin, asset turnover, and return on investmentROI
First select the labels to complete the formula, and then calculate the profit margin. Round the profit margin to the nearest whole number.
:
Profit margin
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