Question: Question 18 5 pts Dolphin Enterprises, Inc. had the following results for the last three years: 2019 2018 2017 $9,000 Sales $10,000 $9,500 1,350 1,640

Question 18 5 pts Dolphin Enterprises, Inc. had the following results

Question 18 5 pts Dolphin Enterprises, Inc. had the following results for the last three years: 2019 2018 2017 $9,000 Sales $10,000 $9,500 1,350 1,640 120 10 290 Other Operating Expenses (S&A) Nonoperating Expenses Nonoperating Revenue Cost of Goods Sold 90 140 40 7,300 6,300 Gross Profit Ratio 28% Operating Profit Ratio 10% Problem 2-3 For 2017 the net profit margin is: 11.78% 9.00% 30.00% 70.00%

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