Exercise $3-1$ Net Profit Margin $\%($Profitability$)$

A$.$ When calculating the $2017$ Net Profit Margin $\%,$ which financial statement line items are

used for the:

$1.$ Numerator? $$ The line item name on Toro$$s financial statement and the $ amount.

$2.$ Denominator? $$ The line item name on Toro$$s financial statement and the $ amount.

B$.$ Calculate Toro$$s Net Profit Margin $\%$ for $2017.$ Round your percent answer to $2$ decimal

places.

C$.$ The Net Profit Margin $\%$ is a$($n$)$:

$$up$-$arrow indicator $$down$-$arrow indicator $$up$-$down$-$arrow indicator

D$.$ On the Answer Sheet under your answer for item B$.$ is Toro$$s $201$