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Home Q & A Board Other Fields Homework Help Business Accounting
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tw1gg tw1gg
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A year ago

Valdovinos Corporation has provided the following data:

Sales (all on account)$ 1,150,000
Gross margin$ 440,000
Net operating income$ 40,077
Net income before taxes$ 23,077
Net income$ 15,000

The company’s net profit margin percentage is closest to:



▸ 38.3%

▸ 3.5%

▸ 1.3%

▸ 2.0%
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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thevoicexxxthevoicexxx
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A year ago
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tw1gg Author
wrote...

A year ago
Good timing, thanks!
aricketts6@
wrote...

Yesterday
Correct Slight Smile TY
nadiia
wrote...

2 hours ago
Thanks for your help!!
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