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In words, what does a profit margin of 0.30 mean? A) Each dollar in sales generates 30 cents in net income B) 30 cents of

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In words, what does a profit margin of 0.30 mean? A) Each dollar in sales generates 30 cents in net income B) 30 cents of each dollar in assets is financed by liabilities C) 30 cents of each dollar in liabilities is financed by assets OD) Each dollar in assets generates 30 cents in sales

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