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Following Are the Financial Statements for Starman Corporation for the Year

Question 68

Multiple Choice

Following are the financial statements for Starman Corporation for the year ended December 31, 2009. Assume that all balance sheet amounts represent both average and ending figures. Following are the financial statements for Starman Corporation for the year ended December 31, 2009. Assume that all balance sheet amounts represent both average and ending figures. What is the profit margin for this corporation? Round your answer to one decimal place. A) 22.5 percent B) 30.0 percent C) 40.0 percent D) 53.3 percent Following are the financial statements for Starman Corporation for the year ended December 31, 2009. Assume that all balance sheet amounts represent both average and ending figures. What is the profit margin for this corporation? Round your answer to one decimal place. A) 22.5 percent B) 30.0 percent C) 40.0 percent D) 53.3 percent What is the profit margin for this corporation? Round your answer to one decimal place.


A) 22.5 percent
B) 30.0 percent
C) 40.0 percent
D) 53.3 percent

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