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Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place.) Company Net Income
Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place.) Company Net Income Net Sales Profit Margin (%) a. $ 6,309 $ 53,470 b. 103,742 475,883 C. 109,111 304,779 d. 74,724 87,653 1,737,775 518,659 e. Which of the five companies is the most profitable according to the profit margin ratio? Company a Company b Company c Company d Company e
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