Question: Exercise 3-10 Computing and interpreting profit margin LO A2 Use the following information to compute profit margin for each separate company a through e. (Round

Exercise 3-10 Computing and interpreting profit margin LO A2 Use the

Exercise 3-10 Computing and interpreting profit margin LO A2 Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place.) Profit Margin (%) a. Company Net Income Net Sales $ 6,028 $ 48,220 b 96,561 429,158 100,322 274,854 d. 78,358 1,567,150 e 82,321 467,734 C Which of the five companies is the most profitable according to the profit margin ratio? O Company a O Company b O Company c O Company d O Company e

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