Question: Exercise 3-13 Computing and interpreting profit margin LO A1 Use the following information to compute profit margin for each separate company a through e. (Round
Exercise 3-13 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 (%) a $ 5,888 $ 46,000 b. 93,343 409,400 c. 96,490 262,200 d. 79.235 1,495,000 e. 79,870 446,200 5 Which of the five companies is the most profitable according to the profit margin ratio? o Company a O Company Company O Company d O Company e
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