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4. Hallett Industries, Inc. reported net sales of $306,000, cost of goods sold of $192,600, operating expenses of $58,900, and income tax expense of $12,300.
4. Hallett Industries, Inc. reported net sales of $306,000, cost of goods sold of $192,600, operating expenses of $58,900, and income tax expense of $12,300. What is Hallett Industries' net income percentage? A. 13.79 B. 17.81 C. 62.94 D. 37.06
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