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Required information [The following information applies to the questions displayed below.] Year-end balance sheets follow. Income statement data for the Current Year and 1 Year

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Required information [The following information applies to the questions displayed below.] Year-end balance sheets follow. Income statement data for the Current Year and 1 Year Ago follow. Income statement data for the Current Year and 1 Year Ago follow. Enter answers in the tabs below. Compute profit margin ratio for the current year and one year ago

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