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  3. company r generates $5,500 net operating income. a

Company R generates $5,500 net operating income. Assume that the company pays $3,000 interests on...

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Accounting

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Company R generates $5,500 net operating income. Assume that the company pays $3,000 interests on its debts and 40% taxes on earnings before taxes. Assume that the Net Profit Margin Ratio of Company R is 5.0%, what are the sales (in dollars) of Company R

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