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A company had $7,100,000 in net income for the year. it's net sales were $16,200,000 for the same period. Calculate its profit margin. A. 43.8%

A company had $7,100,000 in net income for the year. it's net sales were $16,200,000 for the same period. Calculate its profit margin.

A. 43.8% B. 128.2% C. 87.6% D. 21.9% E. 228.2%

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