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    Exam 18: Financial Statement Analysis
  5. Question
    Dean Corporation Reported Net Income $58000 Net Sales $500000 and Average
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Dean Corporation Reported Net Income $58000 Net Sales $500000 and Average

Question 154

Question 154

Multiple Choice

Dean Corporation reported net income $58000 net sales $500000 and average assets $800000 for 2017. The 2017 profit margin was:


A) 5.8%.
B) 11.6%.
C) 62.5%.
D) 160%.

Correct Answer:

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