PXG Co. has total assets of $6.45 million and a total asset turnover of 1.8 times. If
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PXG Co. has total assets of $6.45 million and a total asset turnover of 1.8 times. If the return on assets is 7.9 percent, what is its profit margin?
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To find the profit margin we need the net income an...View the full answer
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Related Book For 
Essentials Of Corporate Finance
ISBN: 9781265414962
11th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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