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A company earned $7,605 in net income for October. Its net sales for October were $19,500. Its profit margin is: Multiple Choice 8%. 39%. 256%.

A company earned $7,605 in net income for October. Its net sales for October were $19,500. Its profit margin is:

Multiple Choice

  • 8%.

  • 39%.

  • 256%.

  • 200%.

  • 4%.

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