SWFT Corp Partner Estates Trusts
SWFT Corp Partner Estates Trusts
42nd Edition
ISBN: 9780357161548
Author: Raabe
Publisher: Cengage
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Please explain the accurate process for solving this financial accounting question with proper principles.
Please provide the correct answer to this financial accounting problem using accurate calculations.
Montclair Industries had $720,000 in invested assets, sales of $810,000, income from operations amounting to $113,400, and a desired rate of return of 16%. What is the profit margin?
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