Question: Can you help me solve this general accounting problem using the correct accounting process? Orlando Inc. reported the following for the year 2023: . Net

Can you help me solve this general accounting problem using the correct accounting process?

Orlando Inc. reported the following for the year 2023: . Net income: $36,000 - Net sales: $480,000 . Average assets: $700,000 What is the 2023 profit margin

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