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Me Qu. 17 Refer to the following selected... Refer to the following selected financial information from Shakleys Incorporated. Compute the com pany's profit margin for

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Me Qu. 17 Refer to the following selected... Refer to the following selected financial information from Shakleys Incorporated. Compute the com pany's profit margin for Year 2 ear Net sales Cost of goods sold Interest expense Net income beto.. x Net income after tax Total assets Total 1iabilities Total equity 482,500 427,050 277,100 250,920 10,50011,500 68,050 53,480 46,850 40,700 318,700292,800 177,400 168,100 141,300 124,700 Multiple Choice 332% 14.7%

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