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Richard's Sporting Goods reports net income of $100,000, net sales of $500,000, and average assets of $1,000,000. The profit margin is: Multiple Choice 10% 20%.

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Richard's Sporting Goods reports net income of $100,000, net sales of $500,000, and average assets of $1,000,000. The profit margin is: Multiple Choice 10% 20%. 50%. 5 times

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