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Business, 18.12.2019 21:31 annie901

Miller's quarter horse company has sales of $4,500,000. it also has invested assets of $2,500,000 and operating expenses of $3,800,000. the company has established a minimum rate of return of 7%. required: (a) what is miller's profit margin? round your answer to one decimal place. % (b) what is the investment turnover? round your answer to one decimal place. (c) what is the rate of return on investment? % (d) what is miller's residual income? $

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Miller's quarter horse company has sales of $4,500,000. it also has invested assets of $2,500,000 an...
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