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    Fundamental Accounting Principles Study Set 3
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    Exam 18: Analyzing Financial Statements
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    Francesco Earned $3,000 Net Income for October
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Francesco Earned $3,000 Net Income for October

Question 80

Question 80

Multiple Choice

Francesco earned $3,000 net income for October.Its net revenues were $10,000.Its profit margin is:


A) $7,000.
B) 30%.
C) 500%.
D) 2%.
E) 200%.

Correct Answer:

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