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» Business Math

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Oct 14, 2007, 12:25 PM

switchit77

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Join Date: Oct 2007

Posts: 1

Business Math

Hi I need help with this question:
Continuing on Eddy's consolidated statements of income. Calculate and interpret net profit margin for the years 1999, 2000, and 2001. Note: Net profit margin = (Net Income/Net Sales).

year 1999 was $479.025 year 2000 was $550.664 and year 2001 was $545.944

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