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Intro Waldale Pools has total equity of $289,100 and net income of $64,500. The debt-equity ratio is 1.6 and the total asset turnover is 1.6.

Intro Waldale Pools has total equity of $289,100 and net income of $64,500. The debt-equity ratio is 1.6 and the total asset turnover is 1.6. Part 1 | Attempt 1/2 for 10 pts. What is the profit margin? 4+ decimals Submit

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