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    Buggy2874's Avatar
    Buggy2874 Posts: 1, Reputation: 1
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    #1

    Nov 3, 2013, 08:36 PM
    What are the sales if the invested assets were 1,200,000, Profit margin is 25%, and r
    If the invested assets are 1,200,000, Profit margin is 25%, and the return on Investment is 30%,
    What are the sales?
    rehmanvohra's Avatar
    rehmanvohra Posts: 739, Reputation: 27
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    #2

    Nov 3, 2013, 11:33 PM
    Net Income = 1,200,000 * .30 = 360,000
    Sales = 360,000/.25 = 1,440,000
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