A company has the following items for the fiscal year 2020: Revenue =10 million Cost of goods
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Question:
A company has the following items for the fiscal year 2020:
- Revenue =10 million
- Cost of goods sold = 3 million
- EBITDA = 5 million
- EBIT = 4 million
- Net income = 2 million
Calculate the company's net profit margin?
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
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