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A company had a profit margin of 8%. If net income equaled $56,000 and average total assets equaled $337,500, how much were net sales? $4,480
A company had a profit margin of 8%. If net income equaled $56,000 and average total assets equaled $337,500, how much were net sales? |
| $4,480 | |
| $330,500 | |
| $27,000 | |
| $700,000 | |
| $4,218,750 |
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Mcgraw Hills Homework Manager Access Code To Accompany Introduction To Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
3rd Edition
0073264938, 978-0073264936
