How many dollars of sales are generated

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Problem: Hendrickson, Incorporated, has net working capital of $43,800, net fixed assets of $232,400, net income of $43,900, and current liabilities of $51,300. Tax rate is 21 percent and the net profit margin is 9.3 percent. How many dollars of sales are generated from every $1 in total assets?

Reference no: EM133616108

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