Question: Instructions: Please complete the problems below and show all work, please ! 11. Briton Company has an operating income of $36,000, invested assets of $180,000,
Instructions: Please complete the problems below and show all work, please!
11. Briton Company has an operating income of $36,000, invested assets of $180,000, and sales of $720,000. Use the DuPont formula to compute the return on investment and show (a) the profit margin, (b) the investment turnover, and (c) the return on investment.
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