EBK CONTEMPORARY AUDITING
11th Edition
ISBN: 9781337514811
Author: KNAPP
Publisher: YUZU
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The fiscal 2010 financial statements for Neptune, Inc
report revenues of $14,892,615, net operating profit
after tax of $987,625, net operating assets of
$6,124,587. The fiscal 2009 balance sheet reports net
operating assets of $5,995,633. What is Neptune s 2010
net operating profit margin?
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