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A company has sales of $ 8 6 0 , 0 0 0 , and net sales of $ 8 3 5 , 0 0

A company has sales of $860,000, and net sales of $835,000. Cost of goods sold of $415,000, operating income of $170,000, and net income of $142,000. What is the company's profit margin (net profit margin)?

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