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Refer to the following selected financial information from Hansen's, LLC. Compute the company's profit margin for Year 2. Year 2 Net sales $478,500 Cost of

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Refer to the following selected financial information from Hansen's, LLC. Compute the company's profit margin for Year 2. Year 2 Net sales $478,500 Cost of goods sold 276,300 9.700 Interest expense Profit before tax 67 250 46,050 Year 1 $426,250 250,120 10.700 52,880 39.900 288.000 167.300 120.700 Net profit Total assets Total liabilities 317.100 181,400 135,700 Total equity a 16.7% b. 11.796 33.9% d. 9.69 0.14.19

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