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A Firm Accumulated Expenses of $8,700,$600 and $400 Throughout the Period

Question 123

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A firm accumulated expenses of $8,700,$600 and $400 throughout the period and realized $15,500 in revenues over the same time frame.The owner is curious about how much profit is earned from each dollar of revenue.You're asked to calculate this for him.

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Net profit margin = (15,500 - ...

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