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A company had $6,900,000 in net income for the year. Its net sales were $14,290,000 for the same period. Calculate its profit margin. 207.10 %.

A company had $6,900,000 in net income for the year. Its net sales were $14,290,000 for the same period. Calculate its profit margin.

207.10 %. 48.30 %. 107.10 %. 96.60 %. 24.15 %.

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