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The following information was available for the year ended December 31, 2022: Sales $ 500,000 Net income 80,000 Average total assets 1,000,000 Average total stockholders'
The following information was available for the year ended December 31, 2022:
Sales | $ 500,000 |
---|---|
Net income | 80,000 |
Average total assets | 1,000,000 |
Average total stockholders' equity | 640,000 |
Margin for the year ended December 31, 2022 was:
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