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Total revenue for the period was $1,000,000. Cost of goods sold totaled $250.00 tal expenses for the period were $700,000, Average net assets totaled $1,500,000

Total revenue for the period was $1,000,000. Cost of goods sold totaled $250.00 tal expenses for the period were $700,000, Average net assets totaled $1,500,000 Average owners' equity totaled $800,000. Calculate profit margin Select one Ra70% 9 D25 30% D (1/759

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