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Retailers Inc.and Computer Corp.each have assets of $10,000 and a return on common equity equal to 15%.Retailers has twice as much debt and twice as many sales relative to Computer Corp.Retailers' net income equals $750,and its total asset turnover is equal to 3.What is Computer Corp.'s profit margin?
Trade Union
An organization formed by workers from related fields that aims to protect their rights and interests through collective bargaining.
Post-employment Benefit Plan
A financial arrangement designed to provide benefits to employees after their employment has ended, such as pensions.
Subsidiary
A company that is controlled by another company, usually by owning more than 50% of its voting stock.
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