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Assume a company provided the following info: Gross margin percentage: 40% Cost of goods sold: $342,000 Stockholders' equity, beginning of the year: $225,000 Stockholders's equity,

Assume a company provided the following info:

Gross margin percentage: 40%

Cost of goods sold: $342,000

Stockholders' equity, beginning of the year: $225,000

Stockholders's equity, end of year: $275,000

return on equity: 32%

the net profit margin percentage is closet to:

-16%

-10%

-14%

-19%

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