calculate this years net income margine for the company Use...
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calculate this years net income margine for the company
Use the fallowina Chart flintl of Accounts to anawer auestions 7-12. Calculate this year's net income margin (also known as net profit margin) for the Company and interpret its meaning?: a. 608.70% which means that the company is very profitable b. 42.79% which means that the company earns $1 profit for every 42.79 cents in sales revenue c. 100.00% which means that the company is not profitable. d. 16.43\% which means that the company earns 16.43 cents profit for every $1 in salos revenue
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