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Mason Corporation had $650,000 in invested assets, sales of $700,000, income from operations amounting to $99,000, and a desired rate of return of 15%.What is the profit margin for Mason. B. What is the investment turnover for Mason. C. What is the residual income for Mason?
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Mrs. Crawford will receive $6,500 a year for the next 14 years from her trust. If an 8 percent interest rate is applied, what is the current value of the future payments?
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