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During the latest year, XYZ Corporation has total sales of $200,000, net income of 20,000, and its year-end total assets were $500,000. The firm's total
During the latest year, XYZ Corporation has total sales of $200,000, net income of 20,000, and its year-end total assets were $500,000. The firm's total debt to total assets ratio was 50%. What is firm's profit margin as a percentage Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43 (%) instead of 0.0843. Your
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Personal Finance
Authors: Vickie L Bajtelsmit
2nd Edition
111959247X, 9781119592471
