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Martinez Corporation reported Net sales of $766,000 and Net income of $141,000. The Profit margin is ?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Martinez Corporation reported Net sales of $766,000 and Net income of $141,000. The Profit margin is ?

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