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Assume a company provided the following information: Gross margin percentage Cost of goods sold Stockholders' equity, beginning of the year Stockholders' equity, end of the
Assume a company provided the following information: Gross margin percentage Cost of goods sold Stockholders' equity, beginning of the year Stockholders' equity, end of the year Return on equity 40% $ 315,000 $ 225,000 $ 275,000 32% The net profit margin percentage is closest to: (Round your final answer to the whole percentage.) Multiple Choice O 15%. 11%. 20%
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