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The Following Are the Income Statements for Ace and Diamond

Question 136

Multiple Choice

The following are the income statements for Ace and Diamond Companies. What are the net income percentages for Ace and Diamond, respectively?

A) 6.09% and 4.25%
B) 1.83% and 1.70%
C) 16.4% and 23.6%
D) 30% and 40%

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