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Two firms have sales of $1 million each. Other financial information is as follows: What are the operating profit margins and the net profit margins
Two firms have sales of $1 million each. Other financial information is as follows: What are the operating profit margins and the net profit margins for these two firms? What is their return on equity? Why are they different? If total assets are the same for each firm, what can you conclude about their respective uses of debt financing
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