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A company earned $5,780 in net income for october. its net sales for october were $17,000. its profit margin is:
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A company earned $5,780 in net income for october. its net sales for october were $17,000. its profit margin is:

User Onestarblack
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The profit margin for above calculation is 34%. The profit margin can be calculated by dividing net income by net sales and finally multiplying with 100.
User Minna
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