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Posted on Sep 10, 2024

For 2 0 1 9 Carman Ltd reported profit $ 4 8 0 0 0 ; net sales $ 4 0 0 0 0 0

For

2019

Carman Ltd reported profit $

48 000

; net sales $

400 000

; and average assets $

800 000 .

What was the

2019

profit margin?

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