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Sales and average operating assets for Company P and Company Q are given below: Sales Average Operating Asset Company P $21,280 $11,200 Company Q $100,340

Sales and average operating assets for Company P and Company Q are given below:

Sales Average Operating Asset
Company P $21,280 $11,200
Company Q $100,340 $17,300

What is the margin that each company will have to earn in order to generate a return on investment of 16%? (Round your intermediate calculations and final answer to 2 decimal places.)

1.90% and 5.80%
8.42% and 2.76%
11.18% and 13.94%
58.00% and 116.00%

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