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16 Given below are comporative statements of financlai position foalance sheets) and an income statement for Eleva Corporation. All sales were made on account. Cash

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16 Given below are comporative statements of financlai position foalance sheets) and an income statement for Eleva Corporation. All sales were made on account. Cash dividends declared during the year totaled $22,984. Eleva Corporation's Net Profit Margin \% for Year 2 is closest to

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