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The Anderson Company has sales of $5,000,000. It also has invested assets of $3,000,000 and operating expenses of $4,600,000. The company has established a minimum

The Anderson Company has sales of $5,000,000. It also has invested assets of $3,000,000 and operating expenses of $4,600,000. The company has established a minimum rate of return of 9%. What is Anderson Company's profit margin?

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