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Business, 30.11.2020 01:00 Svetakotok

Royce Corp's sales last year were $250,000, and its net income was $23,000. What was its profit margin? a. 11.32%
b. 9.20%
c. 9.57%
d. 9.38%
e. 8.37%

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Royce Corp's sales last year were $250,000, and its net income was $23,000. What was its profit marg...
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