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Business, 07.04.2020 21:38 laniflower6

PXG Co. has total assets of $10,100,000 and a total asset turnover of 2.51 times. Assume the return on assets is 9 percent. What is its profit margin? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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PXG Co. has total assets of $10,100,000 and a total asset turnover of 2.51 times. Assume the return...
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