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Compute this company's Profit Margin Ratio for Year 2. 22 8 01:31:46 Net sales Cost...

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Accounting

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Compute this company's Profit Margin Ratio for Year 2. 22 8 01:31:46 Net sales Cost of goods sold Interest expense Net income before tax Net income after tax Total assets Total liabilities Total equity Year 2 $488,000 278,200 11,600 69,150 47,950 320,900 171,900 149,000 Year 1 $428,150 252,020 12,600 54,580 41,800 299,400 169,200 130,200 Multiple Choice 172%. 12.2%. 142%. 9.8%. 32.2%

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