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Net sales $48537 Cost of goods sold $33109 Net income $17838 Quick assets $88931 Current assets $97415 Long-term assets $24638 Current liabilities $1306 Long-term liabilities

Net sales $48537

Cost of goods sold $33109

Net income $17838

Quick assets $88931

Current assets $97415

Long-term assets $24638

Current liabilities $1306

Long-term liabilities $2591

Compute profit margin. Round to two decimal places

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