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AOL (10): Sporting Goods, Ine reports NI =$100,000, Sales =$500,000 and average assets =$1,000,000. The profit margin (return on sales) is: a) 50%. b) 20%.

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AOL (10): Sporting Goods, Ine reports NI =$100,000, Sales =$500,000 and average assets =$1,000,000. The profit margin (return on sales) is: a) 50%. b) 20%. C) 5 times. d) 10%

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