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Selected financial information presented below was obtained from the
financial statements of the Napa Valley Brewery:
Current Assets
$ 49,000
Property and Equipment, net 69,000
Current Liabilities
49,500
Noncurrent Liabilities
39,500
Stockholders' Equity
21,000
Sales Revenue
60,000
Net Income
21,600
What was the net profit margin ratio?
A. 18.31%
B. 36.00%
C. 97.22%
D. 44.00%

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