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Wakelin Company has income from operations of $20,125 invested assets of $87,500 and sales of $175,000. Use the DuPont formula to compute the rate of
Wakelin Company has income from operations of $20,125 invested assets of $87,500 and sales of $175,000. Use the DuPont formula to compute the rate of return on investment and show (a) the profit margin, (b) the investment turnover, and (c) the rate of return on investment
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