At the end of 2010,Doran Corporation reported net income of $70,000,gross sales revenue of $1,525,000,and sales returns of $125,000.Calculate the profit margin ratio.

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The Answer of At the end of 2010,Doran Corporation reported net income of $70,000,gross sales revenue of $1,525,000,and sales returns of $125,000.Calculate the profit margin ratio.

At the End of 2010,Doran Corporation Reported Net Income of $70,000,gross