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Opened: Sunday, 17 July 2022, 12:00 AM Due: Thursday, 13 October 2022, 11:59 PM This assignment is based on Textbook Exercise- M3 -21 (Equilibrium Riding,

Opened: Sunday, 17 July 2022, 12:00 AM Due: Thursday, 13 October 2022, 11:59 PM This assignment is based on Textbook Exercise- M3 -21 (Equilibrium Riding, Inc.) p. 131. Based on the information provided, you are required to : 1. Prepare an Income Statement for the year ending December 31; 2. Calculate the Net Profit Margin; and 3. Briefly explain what the profit margin means. Present your answers in the Excel Workbook attached. Rename the file with the filename: Week 5 Assignment-Your First Name, Last Name. x. Week 5 Assignment Template.xisx 12 April 2022, 2:38 PM

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