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The Bottlebrush Company has income from operations of $23,751, invested assets of $117,000, and sales of $339,300. Round answers to one decimal place. (a) Determine
The Bottlebrush Company has income from operations of $23,751, invested assets of $117,000, and sales of $339,300. Round answers to one decimal place.
(a) Determine the profit margin. %
(b) Determine investment turnover.
(c) Use the DuPont formula to determined the rate of return on investment. %
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