Need Help with Profit Margin...PLEASE HELP BY TONIGHT?

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(21) A company had $9,000,000 in net income for the year. Its net sales were $13,200,000 for the same period. Calculate its profit margin.

a. 17.5%.
b. 28.0%.
c. 62.5%.
d. 160.0%.
e. 68.2%
 
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