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2 points BAM Corp. has net income of $500,000 and total assets of $2,000,000 for the current year. If its total asset turnover is 1.26

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2 points BAM Corp. has net income of $500,000 and total assets of $2,000,000 for the current year. If its total asset turnover is 1.26 times, what is BAM net profit margin? Enter your answer as a percentage rounded to two decimal places. For example, .0650 should be entered as 6.50

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