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The fiscal 2009 balance sheet reports net operating assets

Question - The fiscal 2010 financial statements for Neptune, Inc report revenues of $14,892,615, net operating profit after tax of $987,625, net operating assets of $6,124,587. The fiscal 2009 balance sheet reports net operating assets of $5,995,633. What is Neptune's 2010 net operating profit margin?

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Accounting Basics: The fiscal 2009 balance sheet reports net operating assets

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Accounting Basics: The fiscal 2009 balance sheet reports net operating assets

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