AwkwardSoul1409 AwkwardSoul1409

22-03-2024
Business

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Company L has a net income of $125,000 and total expenses of $710,000 for the year ending December 31, 2020. What is Company L's profit margin?
A) 6.7%
B) 14.9%
C) 17.9%
D) 7.7%

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