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The following information is available from the most recent financial statements of the Carolyn Company: Total assets $ 400,000 Net income 60,000 Average total liabilities

The following information is available from the most recent financial statements of the Carolyn Company: Total assets $ 400,000 Net income 60,000 Average total liabilities 200,000 Sales revenue 750,000 Total liabilities 250,000 Average total assets 350,000 What is the company's net profit margin? Question 19 options: 8% 12.5% 15% 17.1%

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