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  3. the dennis company reported net income of $50,000

The Dennis Company reported net income of $50,000 on net sales of $300,000. The company...

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Accounting

The Dennis Company reported net income of $50,000 on net sales of $300,000. The company has average total assets of $500,000 and average total liabilities of $100,000. What is the companys net profit margin?

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