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Selected Financial Data from Osterville Company for the Most Recent

Question 99

Multiple Choice

Selected financial data from Osterville Company for the most recent year appear below: Selected financial data from Osterville Company for the most recent year appear below: The income tax rate is 40%. -Net income as a percentage of sales was: A) 5% B) 3% C) 2.25% D) 1.75% The income tax rate is 40%.
-Net income as a percentage of sales was:


A) 5%
B) 3%
C) 2.25%
D) 1.75%

Correct Answer:

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