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You are evaluating the recent financial performance of ABC Corporation: 2021 2022 Sales 100 150 Net income 10 11 Dividends 0 0 Working capital 50

You are evaluating the recent financial performance of ABC Corporation: 2021 2022 Sales 100 150 Net income 10 11 Dividends 0 0 Working capital 50 75 Net Plant and Equipment 50 150 Net Debt 25 140 Equity 75 85 Use this information to answer all of the practice quiz questions. What was the company's net margin for 2022

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