Business
Business, 25.09.2020 03:01, zainababbas25

Kijijo Auctions runs an online auction company. Its end-of-year financial statements indicate the following results. Total assets = $240,000 Total liabilities = $130,000 Common stock = $24,000 Dividends = $6,400 Expenses = $94,000 Retained earnings (beginning of year) = $29,000 Required: Calculate the company’s net profit margin expressed as a percent. (Round your answer to the nearest whole percent.)

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