Question: 5. value: 20.00 points Billy's Crystal Stores Inc. has assets of $5,360,000 and turns over its assets 2.3 times per year. Return on assets

5. value: 20.00 points Billy's Crystal Stores Inc. has assets of $5,360,000

5. value: 20.00 points Billy's Crystal Stores Inc. has assets of $5,360,000 and turns over its assets 2.3 times per year. Return on assets is 4 percent. What is the firm's profit margin (return on sales)? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Profit margin %

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