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Mickey Corporation has a model for its business that is 50/10/5, meaning that it always wants its gross margin to be at least 50%, its

Mickey Corporation has a model for its business that is 50/10/5, meaning that it always wants its gross margin to be at least 50%, its operating income as a percentage of revenues to be at least 10% , and its net income as a percentage of revenues to be at least 5%. Of these three targets, which targets did Mickey Corporation meet this period?

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