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ʎddɐɥ ʎddɐɥ
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7 years ago
The following information is provided for Candy, Inc.:
   Income from operations   $ 98,600
   Income taxes   37,700
   Interest expense   2,000
   Net sales   1,264,000
   Stockholders' equity   242,500
   Total assets    456,000
What is the profit margin before income tax ratio?
A) 10.78%
B)   7.64%
C) 10.94%
D)   7.80%
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mourningbirdmourningbird
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7 years ago
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ʎddɐɥ Author
wrote...

7 years ago
Smart ... Thanks!
Mkersey12
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Yesterday
Thanks
ezsancheezy
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2 hours ago
Good timing, thanks!
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