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17.01.2020 •
Business
Durbin corporation reported net sales of $259,300, cost of goods sold of $135,900, operating expenses of $48,290, net income of $42,120, beginning total assets of $514,600, and ending total assets of $572,000.
calculate profit margin and gross profit rate. (round answers to 0 decimal places, e.g. 10%.)
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