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17 3pts Olaf Corporation reported net income $36,000, net sales $480,000; and average assets $600.000 for 2022. What is the 2022 profit margin? 60.0% 4.5%

17 3pts Olaf Corporation reported net income $36,000, net sales $480,000; and average assets $600.000 for 2022. What is the 2022 profit margin? 60.0% 4.5% 13.3% 7.5% Question 18 The debt to assets ratio measures the proportion of interest paid relative to dividends paid. the company's profitability. whether interest can be paid on debt in the current year. the percentage of the total assets provided by creditors. 3 ptsimage text in transcribed

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