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Short problem Alex Inc. reported the following data: Income from operations $13,000 Sales revenue 65,000 Invested assets 50,000 : Calculate the following. Place your answers
Short problem Alex Inc. reported the following data:
Income from operations $13,000
Sales revenue 65,000
Invested assets 50,000
: Calculate the following. Place your answers below this problem. 1. Profit margin 2. Investment turnover 3. ROI 4. Residual income, assuming a desired minimum rate of return of 10%.
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