The balance sheet of Paradise Pizza reports total assets of $1,500,000 and $1,700,000 at the beginning and end of the year, respectively. Net income and sales for the year are $240,000 and $2,000,000, respectively.What is Paradise Pizza's profit margin?
A. 15%.
B. 14.12%.
C. 12%.
D. 16%.
Answer: C
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The combination journal has a column for every account of the business
Indicate whether the statement is true or false
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