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Orange Designers has net income before taxes of $4,480,000, total assets of $3,500,000, and net sales of $5,530,000. What is the return on net sales?

Orange Designers has net income before taxes of $4,480,000, total assets of $3,500,000, and net sales of $5,530,000. What is the return on net sales? (Round your answer to two decimal places) A) 23.44% B) 81.01% C) 63.29% D) None of the above are correct.

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