Question: This assignment is based on Textbook Exercise- M3 -21 (Equilibrium Riding, Inc.) p. 131. Based on the information provided, you are required to : Prepare

    • This assignment is based on Textbook Exercise- M3 -21 (Equilibrium Riding, Inc.) p. 131. Based on the information provided, you are required to : Prepare an Income Statement for the year ending December 31; Calculate the Net Profit Margin; and Briefly explain what the profit margin means.

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