[Solved] Roberts Corp's sales last year were $300,

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Roberts Corp's sales last year were $300,000, and its net income after taxes was $25,000. What was its profit margin on sales? (approximately) (Round to

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Roberts Corp's sales last year were $300,000, and its net income after taxes was $25,000. What was its profit margin on sales? (approximately) (Round to 4 decimal points) O 6.25% O 8.33% 17.00% O 9.44% O 10.91%

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