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Joe's Pool Store has a Profit Margin Ratio of 13%. What does this tell an investor? A.13% of Joes profits will be paid to investors

Joe's Pool Store has a Profit Margin Ratio of 13%. What does this tell an investor?

A.13% of Joes profits will be paid to investors

B.For every $1 in Net Sales, 13 cents will go to Net Income

C.Joes Cost of Goods Sold is 87%

D. Joe had a net loss for this period

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