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Business, 26.11.2019 05:31 savannaflorian5141

Lymen international is considering a significant expansion to its product line. the sales force is excited about the opportunities that the new products will bring. the new products are a significant step up in quality above the companyĆ¢s current offerings, but offer a complementary fit to its existing product line. fred riddick, senior production department manager, is very excited about the high-tech new equipment that will have to be acquired to produce the new products. barbara dyson, the companyĆ¢s cfo, has provided the following projections based on results with and without the new products. without new productswith new productssales $10,000,000 $16,000,000net income $500,000 $960,000average total assets $5,000,000 $12,000,000without new productswith new productsreturn on assets 10% 8%profit margin 5% 6%asset turnover 2.0 1.3(b) discuss the implications of the above given ratios would have for the companyĆ¢s decision below

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Lymen international is considering a significant expansion to its product line. the sales force is e...
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