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    Intermediate Accounting Study Set 7
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    Exam 5: Statements of Net Income and Comprehensive Net Income
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    Which of the Following Measures Profit Margin
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Which of the Following Measures Profit Margin

Question 135

Question 135

Multiple Choice

Which of the following measures profit margin?


A) Net income/Sales Revenue
B) Net income/Average Assets
C) Net income/Average Equity
D) Net income/(Assets - Liabilities)

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