=+Terry: You are right. Ive needed the assets in order to upgrade our technologies and expand our

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=+Terry: You are right. I’ve needed the assets in order to upgrade our technologies and expand our operations. The additional assets are one reason we have been able to grow and improve our profit margins. I don’t see that this is a problem.

Billy: The problem is that we must maintain a 20% rate ofreturn on invested assets.

1. Determine the profit margins for the Truck Division for 2006-2008.

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