Question

Use the following information to compute profit margin for each separate company a through e.
Net Income Net Sales
a. $ 4,361 ....... $ 44,500
b. 97,706 ....... 398,800
c. 111,281....... 257,000
d. $65,646....... $1,458,800
e. 80,142 ....... 435,500

Which of the five companies is the most profitable according to the profit margin ratio? Interpret that company’s profit margin ratio.



$1.99
Sales1
Views331
Comments0
  • CreatedNovember 14, 2013
  • Files Included
Post your question
5000