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Jefferson and sons has total assets of 807200 total equity

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Reference no: EM13570410

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: EM13570410

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