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1. Alphabet Inc. Recently reported $260 billion of sales, $110 billion cost of revenue, and $70 billion operating expense. Alphabet had no debt outstanding and

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1. Alphabet Inc. Recently reported $260 billion of sales, $110 billion cost of revenue, and $70 billion operating expense. Alphabet had no debt outstanding and its tax rate was 16%. What was Alphabet's net income, in billions? What was Alphabet's profit margin? (Income Statement)

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