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13. ABC Co. has net income of $15,000 and sales of $150,000. The net profit margin ratio for the company is: * O a) 10%

13. ABC Co. has net income of $15,000 and sales of $150,000. The net profit margin ratio for the company is: * O a) 10% b) 15% c) 5% d) 8.5% e) None of the above

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