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Country Boy, Inc. has sales of $24 million, total assets of $18 million, and total debt of $7 million.,Required: ,,(a) If the profit margin is 8 percent, what is the net income?,, (a) $1,920,000, (b) $1,440,000, (c) $880,000, (d) $1,730,000, (e) $2,000,000,

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