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    Financial Accounting Information for Decisions Study Set 3
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    Exam 3: Adjusting Accounts for Financial Statements
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    A Company Earned $3,000 in Net Income for October
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A Company Earned $3,000 in Net Income for October

Question 271

Question 271

Multiple Choice

A company earned $3,000 in net income for October.Its net sales for October were $10,000.Its profit margin is:


A) 3%.
B) 30%.
C) 33%.
D) 333%.
E) 33.3%

Correct Answer:

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