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Score: 0.4 of 1 pt Problem 1 Dulaney's Stores has posted the following yearly earnings and expenses. Click the icon to view the yearly data.

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Score: 0.4 of 1 pt Problem 1 Dulaney's Stores has posted the following yearly earnings and expenses. Click the icon to view the yearly data. a. Dulaney's current profit margin is 10.4 %. (Enter your response rounded to one decin Dulaney's current yearly ROA is 88.98 %. (Enter your response rounded to one decima b. Suppose COGS and merchandise inventory were each cut by 20%. The new pretax profit margin is 25.21 %. (Enter your response rounded to one decimal The new ROA is 97.88 %. (Enter your response rounded to one decimal place.) al place.) place.) - i More Info Earnings and Expenses (Year Ending January 2012) Sales $77,000,000 Cost of goods sold (COGS) $57,000,000 Pretax earnings $8,008,000 Selected Balance Sheet Items Merchandise Inventory $4,004,000 Total assets $9,000,000 Done

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