Acme Factories had net sales of $356,040 and the cost of goods sold was $193,500. Operating expenses were $61,920 and the owner's equity is $529,578.95. Calculate the net profit margin. (Round to the nearest tenth.)

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A:

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A: NET PROFIT MARGINNet Profit Margin is the ratio between net income & total sales revenue. Net…

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A: Detailed explanation:100% gross amount - 10% discount = 90% net of discount$ 15300 of electricity…

Q: Gross profit?

A: Definition of Gross profit:Gross profit is a measure of a company's efficiency in converting revenue…

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A: Cost of goods sold exhibits direct cost incurred by company for producing goods and services.

Q: Can you please answer the question

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