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Posted on Jul 30, 2024

A company reported net income of $ 8 , 0 0 0 for October. Its net sales for October were $ 2 0 , 0

A company reported net income of $

8, 000

for October. Its net sales for October were $

20, 000 .

Its profit margin is:

Multiple Choice

200 % .

4 %

250 % .

8 %,

40 %

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