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Tic-Tac-Toe Inc. provides an 18% return on equity. The firm has sales of $70,620, total assets of $104,000, and total equity of $68,000. The profit
Tic-Tac-Toe Inc. provides an 18% return on equity. The firm has sales of $70,620, total assets of $104,000, and total equity of $68,000. The profit margin for the firm equals:
Points: 1
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17.33%
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20.25%
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23.95%
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24.24%
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