3)Profit Margin, Investment Turnover, and ROI Cash Company has income from operations of $112,500, invested...
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3)Profit Margin, Investment Turnover, and ROI Cash Company has income from operations of $112,500, invested assets of $750,000, and sales of $1,875,000. Use the DuPont formula to compute the rate of return on investment. Round your answeres to one decimal.
a. Profit margin %_______
b. Investment turnover _______
c. Rate of return on investment %_____
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