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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 9: Analyzing Financial Statements
  5. Question
    Brown Company Has Profit of $125,000
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Brown Company Has Profit of $125,000

Question 46

Question 46

True/False

Brown Company has profit of $125,000.Its net sales were $1,739,000 and its average total assets were $2,750,000.Its profit margin was 7.2%.

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