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Calculate MK Inc.'s profit margin. This is the available information for the company: $11,100,000 net revenues for the year $4,010,000 net income for the

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Calculate MK Inc.'s profit margin. This is the available information for the company: $11,100,000 net revenues for the year $4,010,000 net income for the same period ** Round your answer to 3 decimal places, converting the percentage to decimal only. (For example, if you have 5.56% you would enter .056).

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