A managers operation achieved a net income of $82, 517 on total sales of $1,231,300. What was

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A manager’s operation achieved a net income of $82, 517 on total sales of $1,231,300. What was this manager’s profit margin?

a. 6.7%

b. 67%

c. 1.5%

d. 14.9%

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Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

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Question Posted: Apr 30, 2018 12:20 AM

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A managers operation achieved a net income of $82, 517 on total sales of $1,231,300. What was

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Managerial Accounting for the Hospitality Industry

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