Calculate the Profit Margin for the company based on its IncomeStatement . Provide excel formula . 2

Calculate the Profit Margin for the company based on its IncomeStatement .Provide excel formula

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2 Income Statement for Year Ended 3 November 30, 2013 4 5 1.0 6 700 8 Revenue Cost of Sales Gross Profit 9 Marketing and Sales 10 General and Administrative 11 Total Operating Expenses 12 Operating Income 13 14 Interest Income 15 Interest Expense 16 Income Before Taxes 17 18 Income Tax Expense 19 Net Income 20 152,633 71,156 81,477 55,000 10,987 65,987 15,490 1,112 -12 16,590 5,374 11,216 Profit Margin: 2 Income Statement for Year Ended 3 November 30, 2013 4 5 1.0 6 700 8 Revenue Cost of Sales Gross Profit 9 Marketing and Sales 10 General and Administrative 11 Total Operating Expenses 12 Operating Income 13 14 Interest Income 15 Interest Expense 16 Income Before Taxes 17 18 Income Tax Expense 19 Net Income 20 152,633 71,156 81,477 55,000 10,987 65,987 15,490 1,112 -12 16,590 5,374 11,216 Profit Margin:

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