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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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