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Davis Corp reported net income $36,000, net sales $400,000, and average assets $800,000 for 2016. The 2016 profit margin was: A. 4.5%. B. 9%. C.

Davis Corp reported net income $36,000, net sales $400,000, and average assets $800,000 for 2016. The 2016 profit margin was:

A. 4.5%. B. 9%. C. 50% d. 200%

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