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You have the following information on Cheesecake, Inc.: sales to total assets = 16 times, profit margin = 25%, and net income = $2 million..
You have the following information on Cheesecake, Inc.: sales to total assets = 16 times, profit margin = 25%, and net income = $2 million.. What is the firm's total assets?
Select one:
a. $1.0 m
b. $2.2 m
c. $2.5 m
d. $5 m
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