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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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