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Circle Stores Has Net Income of $41,000, a Profit Margin

Question 16

Multiple Choice

Circle Stores has net income of $41,000, a profit margin of 6.7 percent, and a return on assets of 9 percent. What is the capital intensity ratio?

A) 0.74
B) 0.86
C) 1.16
D) 1.34
E) 1.38

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