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In 2017, Nike had a profit margin of 11.99%. In 2019, Nike's profit margin is 10.54%. In 2021 , Nike's profit margin is 8.99%. Based

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In 2017, Nike had a profit margin of 11.99%. In 2019, Nike's profit margin is 10.54%. In 2021 , Nike's profit margin is 8.99%. Based on this information, which of the following is true about Nike? Nike is getting better at turning sales into net income. Nike is getting better at turning equity into net income. Nike is getting worse at turning sales into net income. None of the above

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