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Tony's Shoes, Inc. earned a net profit margin of 2% last year. The firm had sales of $3,000,000, total assets of $500,000, and $400,000 in

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Tony's Shoes, Inc. earned a net profit margin of 2% last year. The firm had sales of $3,000,000, total assets of $500,000, and $400,000 in foxed assets. The firm's return on investment was 12% 15% 2 Cannot be determined from the information provided None of the answers provided is correct

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