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Use the following financial statement information available for Jones Corporation 2012 2011 ...

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Finance

Use the following financial statement information available for Jones Corporation

2012 2011

Net sales $784,000 $697,000

Cost of goods sold 406,000 377,000

Net income 112,000 80,000

Tax expense 48,000 29,000

Interest expense 14,000 14,000

(a) The net profit margin ratio for Jones Corporation for 2012 is:

(b) The net profit margin ratio for Jones Corporation for 2011 is:

(c) The gross profit margin ratio for Jones Corporation for 2012 is:

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