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2010 2009 2008 Net income $ 2,630 $ 2,100 $ 1,850 Net Sales 36,500 32,850 31,200 Total assets 400,000 385,000 350,000 From the information provided,

2010

2009

2008

Net income

$ 2,630

$ 2,100

$ 1,850

Net Sales

36,500

32,850

31,200

Total assets

400,000

385,000

350,000

From the information provided, calculate Orange profit margin ratio for each of the three years.Comment on the results, assuming that the industry average for the profit margin ratio is 6% for each of the three years. What is in your opinion is the analysis of the answer (What does these figures mean).

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