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The following amounts were taken from the francial statements of Concord Company Total assets Net sales Gross profit Net income Weighted average number of common

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The following amounts were taken from the francial statements of Concord Company Total assets Net sales Gross profit Net income Weighted average number of common shares outstanding Market price of common stock 2017 2017 $793000 51020000 740000 630000 490000 280000 81400 115000 60000 542 60000 538 The profit margin ratio for 2017 10% 119 18%

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