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TX-Money Matters A
Business Income Statements
Question 7
7
Quiz
Multiple Choice
Business Income Statements
Question 7 • TX-Money Matters A
Last month, Korey’s Comics had $4,350 in net sales with a gross profit of $3,320 and a net income of $1,850. Calculate Korey’s net profit margin.a.42.5%b.55.7%c.76.3%d.179.5%
Answer
A
A
B
B
C
C
D
D
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