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Use the following information to answer the question below: Total Assets- $150,000 Total Current Liabilities- $110,000 Total Expenses- $70,000 Total liabilities- $115,000 Total Revenues- $80,000

Use the following information to answer the question below:

Total Assets- $150,000

Total Current Liabilities- $110,000

Total Expenses- $70,000

Total liabilities- $115,000

Total Revenues- $80,000

Tax rate 40%

After-Tax cost of capital 12%

Invested capital in defined as total as total assets less total liabilities (round your answers to one decimal).

Calculate the following (Show all your calculations).

1- Return on sales

2. Capital turnover

3. Economic Profit

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