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Yellowday Energy's Margin Was 3% and Turnover Was 4

Question 15

Multiple Choice

Yellowday Energy's margin was 3% and turnover was 4.0 on sales of $50 million for the year.Net income for the year was:

A) $500,000
B) $1,500,000
C) $2,000,000
D) $6,000,000

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