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What is the? companys profit margin? ratio

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Reference no: EM132579495

Accelerated Logistics provides the following? information:

Operating income: $1,500,000

Net sales: $15,000,000

Average total assets: $1,950,000

?Management's target rate of return: 30?%

Question 1: What is the? company's profit margin? ratio? (Round your answer to two decimal? places.)

Reference no: EM132579495

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