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MEGAFRAME COMPUTER COMPANY Balance Sheet As of December 31 ASSETS Cash Accounts receivable Inventory Net plant and equipment Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Accounts
MEGAFRAME COMPUTER COMPANY Balance Sheet As of December 31 ASSETS Cash Accounts receivable Inventory Net plant and equipment Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable Short-term Notes payable Long-term debt Common stock Retained earnings Total liabilities and stockholders' equity $50,000 70,000 110,000 220,000 $450,000 Refer to the tables above. Compute Megaframe's profit margin. A. 5.7% B. 15.4% C. 18.9% D. none of the choices E. 13.2%
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