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Company X Has Net Sales Revenue of $780,000,cost of Goods

Question 148

Multiple Choice

Company X has net sales revenue of $780,000,cost of goods sold of $343,200,and all other expenses of $327,600.The net profit margin is closest to:

A) 0.32.
B) 0.56.
C) 0.86.
D) 0.14.

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