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Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.) Company Net Sales Cost of Goods Sold Gross Profit Operating Expenses a countertop installer $762,500 $487,560 $274,940 $176,410 Net Profit Gross Profit Margin (%) Net Profit Margin (%) Owner's Equity Return on Investment (%) $98,530 36.1% 12.9% $429,210  %

Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.) Company Net Sales Cost of Goods Sold Gross Profit Operating Expenses a countertop installer $762,500 $487,560 $274,940 $176,410 Net Profit Gross Profit Margin (%) Net Profit Margin (%) Owner's Equity Return on Investment (%) $98,530 36.1% 12.9% $429,210  %

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.)
Company Net Sales Cost of
Goods Sold		 Gross
Profit		 Operating
Expenses
a countertop installer $762,500 $487,560 $274,940 $176,410
Net Profit Gross Profit
Margin (%)		 Net Profit
Margin (%)		 Owner's Equity Return on
Investment (%)
$98,530 36.1% 12.9% $429,210  %
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