What is Comp Inc profit margin

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Reference no: EM132751855

Question - The Intelinet Corporation and Comp. Inc. have assets of P100,000 each and a return on common equity of 17%. Intelinet has twice the debt of Comp Inc., while Comp has half sales of Intelinet. If Intelinet has net income of P10,000 and a total assets turnover ratio of 3.5, what is Comp Inc.'s profit margin?

Reference no: EM132751855

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