Alisabeth5770 Alisabeth5770
  • 12-09-2017
  • Business
contestada

A company earned $5,780 in net income for october. its net sales for october were $17,000. its profit margin is:

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W0lf93
W0lf93 W0lf93
  • 25-09-2017
The profit margin for above calculation is 34%. The profit margin can be calculated by dividing net income by net sales and finally multiplying with 100.
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