Question: Answer View hint for Question 12 Question 13 (0.2 points) During the latest year, XYZ Corporation has total sales of $400,000, net income of 10,000,

Answer View hint for Question 12 Question 13 (0.2 points) During

Answer View hint for Question 12 Question 13 (0.2 points) During the latest year, XYZ Corporation has total sales of $400,000, net income of 10,000, and its year-end total assets were $500,000. The firm's total debt to total assets ratio was 40%. What is firm's profit margin as a percentage Enter your answers as a percentage rounded to 2 decimal places. For example, enter 8.43 (96) instead of 0.0843. Your Answer: Answer View hint for Question 13 Question 14 (0.2 points) Which of the following rules apply to the financial statements of public companies in the United States? SELECT ALL THAT APPLY

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