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How do I interpret the profit margin result? Damita company reported net income of 48,025 and net sales of $425,000 for the current year. Calculate

How do I interpret the profit margin result? Damita company reported net income of 48,025 and net sales of $425,000 for the current year. Calculate the company's profit margin and interpret the result. Assume that its competitor earns an average profit margin of 15 percent

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