Jfferson and sons has net assets of 807200 net equity of

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Reference no: EM13392792

Jefferson and Sons has total assets of $807,200, total equity of $509,500, total sales of $945,300, and net income of $25,600. What is the profit margin?

a. 1.17 percent

b. 1.86 percent

c. 2.71 percent

d. 3.17 percent

e. 5.02 percent

Reference no: EM13392792

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