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The Following Information Pertains to Unique Company

question 170

Multiple Choice

The following information pertains to Unique Company.Assume that all balance sheet amounts represent both average and ending balance figures.Assume that all sales were on credit. The following information pertains to Unique Company.Assume that all balance sheet amounts represent both average and ending balance figures.Assume that all sales were on credit.   What is the profit margin for this company? A) 42.9% B) 18.8% C) 23.5% D) 15.0% What is the profit margin for this company?


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