The Bottle Brush Company has income from operations of $60,000,


Question Description:

30

The Bottle Brush Company has income from operations of $60,000, invested assets of 345,000, and sales of $786,000. Use the DUPont formula to calculate the rate or return on investment, and show (a) the profit margin (b) the investment turnover, and (c) rate of return on investment. Round profit margin percentage to two decimal places and investment turnover to three decimal places.

Answer

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