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Net sales $48247 Cost of goods sold $32038 Net income $17296 Quick assets $89555 Current assets $98926 Long-term assets $24558 Current liabilities $1692 Long-term liabilities

Net sales $48247 Cost of goods sold $32038 Net income $17296 Quick assets \$89555 Current assets $98926 Long-term assets $24558 Current liabilities \$1692 Long-term liabilities \$2754 Compute profit margin. Round to two decimal places

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