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Sales and average operating assets for Company P and Company Q are given below: Sales Average Operating Asset Company P $17,550 $11,700 Company Q $78,440
Sales and average operating assets for Company P and Company Q are given below: |
Sales | Average Operating Asset | |
Company P | $17,550 | $11,700 |
Company Q | $78,440 | $14,800 |
What is the margin that each company will have to earn in order to generate a return on investment of 32%? (Round your intermediate calculations and final answer to 2 decimal places.) |
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