Question: ces Exercise 3-25 (Algo) Computing and interpreting profit margin LO A1 Use the following information to compute profit margin for each separate company a
ces Exercise 3-25 (Algo) Computing and interpreting profit margin LO A1 Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place.) Company Net Income Net Sales Profit Margin (%) $ 5,051 $ 45,500 b. 85,444 404,950 9 91,032 259,350 d. 53,235 1,478,750 10. 71,499 441,350 Which of the five companies is the most profitable according to the profit margin ratio? O Company a O Company b Company c O Company d O Company e
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