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During the latest year, XYZ Corporation has total sales of $400,000, net income of 20,000, and its year-end total assets were $450,000. The firms total

During the latest year, XYZ Corporation has total sales of $400,000, net income of 20,000, and its year-end total assets were $450,000. The firms total debt to total assets ratio was 40%. What is firm's profit margin as a percentage?

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