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A company had $6,992,000 in net income for the year. Its net sales were $15,200,000 for the same period. Calculate its profit margin. O 217.1%.
A company had $6,992,000 in net income for the year. Its net sales were $15,200,000 for the same period. Calculate its profit margin. O 217.1%. O 117.1%. 53.9%. 85.4%. 46.0%
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Principles Of Financial And Managerial Accounting
Authors: James Don Edwards, Roger H. Hermanson
1st Edition
0256130000, 978-0256130003
