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A profit margin of 1 0 . 5 percent means that a firm has $ 0 . 1 0 5 in: total assets for every

A profit margin of 10.5 percent means that a firm has $0.105 in:
total assets for every $1 in cash.
current assets for every $1 in current liabilities.
profit for every $1 in equity.
profit for every $1 in total sales.
long-term assets for every $1 in short-term assets.
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