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Business, 26.11.2019 05:31 savannaflorian5141

Lymen international is considering a significant expansion to its product line. the sales force is excited about the opportunities that the new products will bring. the new products are a significant step up in quality above the companyâs current offerings, but offer a complementary fit to its existing product line. fred riddick, senior production department manager, is very excited about the high-tech new equipment that will have to be acquired to produce the new products. barbara dyson, the companyâs cfo, has provided the following projections based on results with and without the new products. without new productswith new productssales $10,000,000 $16,000,000net income $500,000 $960,000average total assets $5,000,000 $12,000,000without new productswith new productsreturn on assets 10% 8%profit margin 5% 6%asset turnover 2.0 1.3(b) discuss the implications of the above given ratios would have for the companyâs decision below

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Lymen international is considering a significant expansion to its product line. the sales force is e...
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