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Given the following information: Use Figure 2.3 Categories Sales Cost of goods sold Variable expenses Fixed expenses Inventory Accounts receivable Other current assets Fixed assets
Given the following information: Use Figure 2.3 Categories Sales Cost of goods sold Variable expenses Fixed expenses Inventory Accounts receivable Other current assets Fixed assets Values $44,000,000 $27,500,000 $ 5,500,000 $ 6,750,000 $8,750,000 $4,750,000 $ 3,750,000 $6,750,000 a. What is the net profit margin for this firm? (Round your answer to 2 decimal places.) Net profit margin
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