The following amounts were taken from the financial statements of Leaf Company: 2020 2019 Total assets $900000 $1000000 Net sales 840000 650000 Gross profit 352000 320000 Net income 138600 117000 Weighted average number of common shares outstanding 90000 90000 Market price of common stock $35 $39 The profit margin for 2020 is 16.5%. 15.4%. 10.7%. 41.9%.
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