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Accounts Receivable $1,000 Accounts Payable 100 Accumulated Depreciation (4,000) Cost of Goods Sold 8,000 Depreciation Expense 2,000 Interest Expense 500 Other Operating Expenses 400 Retained

Accounts Receivable

$1,000

Accounts Payable

100

Accumulated Depreciation

(4,000)

Cost of Goods Sold

8,000

Depreciation Expense

2,000

Interest Expense

500

Other Operating Expenses

400

Retained Earnings

1,200

Sales, Net

12,000

Using the financial statement line items above, calculate the Net Profit Margin as a percentage rounding to the nearest tenth of a percent.

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