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Database Systems is considering expansion into a new product

Assignment Help Finance Database Systems is considering expansion into a new product

Finance

Database Systems is considering expansion into a new product

Database Systems is considering expansion into a new product line. Assets to support expansion wi… Show more Database Systems is considering expansion into a new product line. Assets to support expansion will cost $380,000. It is estimated that Database can generate $1,390,000 in annual sales, with a 6 percent profit margin. What would net income and return on assets (investment) be for the year? • Show less

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