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The company paid dividends of $198,000 last year. The Investment in Balsam Company on the statement of financial position represents an investment in the stock
The company paid dividends of $198,000 last year. The "Investment in Balsam Company" on the statement of financial position represents an investment in the stock of another company. |
Required: | |
a. | Compute the company's margin, turnover, and return on investment for last year. (Round your intermediate calculations and final answers to 2 decimal places.)
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