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Jordan Inc, had $620,000 in invested assets, sales of $680,000, operating income of $150,000, and...

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Accounting

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Jordan Inc, had $620,000 in invested assets, sales of $680,000, operating income of $150,000, and a desired minimum return on investment of 15%. Compute the profit margin for Jordan. (round the percentage to two decimal points. E.g., 10.52\%). 22.06%24.19%85.00%110.00%

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