Total assets Net sales Gross profit Net income Weighted average number of common shares outstanding Market price of common stock 2022 17%. 19%. O 15%. 16%. $802000 $1030000 812500 657000 361000 The profit margin ratio for 2022 is 2021 130000 123000 93300 $40 332000 93300 $37

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A: Accounting principles are the set of rules and instructions which should be followed while preparing…

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Q: Question 8

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