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Spaghetti Company had total assets of $27,000; revenues of $334,310; cost of goods sold of $225,500; gross profit of $108,810; and net income of $7,800.
Spaghetti Company had total assets of $27,000; revenues of $334,310; cost of goods sold of $225,500; gross profit of $108,810; and net income of $7,800. The company's profit margin was 2.33%. Select one: True False
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