1deklin company reported net income of 48025 and net sales


1.Deklin Company reported net income of $48,025 and net sales of $425,000 for the current year. Calculate the company's profit margin and interpret the result. Assume that its competitors earn an average profit margin of 15%.

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Financial Accounting: 1deklin company reported net income of 48025 and net sales
Reference No:- TGS01184030

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