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a. What is Green Valley's total profit margin b. Why does Green Valley show an income tax expense? c. The before-tax profit margin for Green

a. What is Green Valley's total profit margin

b. Why does Green Valley show an income tax expense?

c. The before-tax profit margin for Green Valley is operating income divided by total revenues. Calculate Green Valley's before-tax profit margin. Why might this be a better measure of expense control when comparing an investor-owned business with a not-for-profit business?

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