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The Global Products Corporation has three subsidiaries. Medical Supplies $ 20,040,000 1,700,000 8,340,000 Sales Net income (after taxes) Assets a-1. What is the return on
The Global Products Corporation has three subsidiaries. Medical Supplies $ 20,040,000 1,700,000 8,340,000 Sales Net income (after taxes) Assets a-1. What is the return on sales for each subsidiary? Note: Input your answers as a percent rounded to 2 decimal places. Medical Supplies Heavy Machinery Electronics Return on Sales % % % a-2. Which subsidiary has the lowest return on sales? O Medical Supplies Heavy Machinery Electronics Heavy Machinery $ 5,980,000 592,000 8,760,000 10 of 10 Next Electronics $ 4,730,000 402,000 3,570,000
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