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Find and calculate the profit margin on sales

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Reference no: EM132722025

The following information relating to the financial results of a company is given below:

Net sales                           $ 74,331
Total assets, 12/28/14       $131,119
Total assets, 12/24/13     $132,683
Net income                         $16,323

Problem 1: Calculate the profit margin on sales.

Reference no: EM132722025

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