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Sales and average operating assets for Company P and Company Q are given below:
What is the margin that each company (Company P and Company Q,respectively) will have to earn in order to generate a return on investment of 20%?
Distribution
in economics, refers to the way total output, income, or wealth is distributed among individuals or among the factors of production (such as labor, land, and capital).
Production
The process of creating, manufacturing, or producing goods and services, involving labor, raw materials, and tools to fulfill human wants or needs.
Post-industrial Societies
Societies characterized by an economy in which the service sector produces more wealth than the industrial sector, emphasizing information technology and knowledge-based activities.
Knowledge-based Activities
Tasks or occupations that primarily involve the manipulation of information and knowledge, rather than physical labor or manual work.
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