The Bottlebrush Company has income from operations of $69,768, invested assets of $204,000, and sales of $775,200. Round answers to one decimal place. (a)  Determine the profit margin.  % (b)  Determine investment turnover. (c)  Use the DuPont formula to determined the rate of return on investment.  %

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The Bottlebrush Company has income from operations of $69,768, invested assets of $204,000, and sales of $775,200. Round answers to one decimal place.

(a)  Determine the profit margin.
 %

(b)  Determine investment turnover.

(c)  Use the DuPont formula to determined the rate of return on investment.
 %

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