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Solve the problem. Round to two decimal places unless otherwise indicated.
-In the following formula, is the minimum number of hours of studying required to attain a test score of . How many hours of study are needed to score 87 ?
Net Income
The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.
Profit Margin Ratio
A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of sales.
Net Income
The total earnings of a company after deducting all expenses, taxes, and losses, indicating the company's profitability.
Net Sales
The revenue from sales after deducting returns, allowances for damaged or missing goods, and discounts.
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