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The following information pertains to Nasl's Trading Post, LLC. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all

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The following information pertains to Nasl's Trading Post, LLC. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit Assets $ 35000 25000 20000 Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets Liabilities and Stockholders' Equity Current liabilities 210000 $290000 $ 50000 Long-term liabilities 70000 Stockholders' equity-common 170000 Total Liabilities and Stockholders' Equity $290000 Income Statement Sales revenue $532000 Cost of goods sold 40000 Gross profit 492000 Operating expenses 15000 Net income $ 477000 Number of shares of common stock 5000 $15 Market price of common stock Dividends per share on common stock 0.5 Cash provided by operations $25000 Number of shares of common stock 5000 Market price of common stock $15 Dividends per share on common stock 0.5 Cash provided by operations $25000 What is the proht margin for this company? O 109.1% 89.7% 81.7% 85.0%

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