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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 Corporation's most recent year of operations is presented in the following table. Operating income. ...............
$8,060
Total assets. ....................
$15,500
Current liabilities. ................
$2,800
Sales. .........................
$31,000
Target rate of return. ..............
15
%
Weighted-average cost of capital. ...
9
%
Tax rate. .......................
30
% Requirements
1. Calculate the profit margin, asset turnover, and return on investment(ROI).
2. Calculate the residual income.
3. Calculate the economic value added(EVA).
Question content area bottom
Part 1
Requirement 1. Calculate the profit margin, asset turnover, and return on investment(ROI).
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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