Question: 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
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 a. Net Income Net Sales Profit Margin (%) $ 5,273 $ 43,220 b. 85,394 384,658 C. 89,180 246,354 d. 66,019 1,404,650 e. 72,527 419,234 Which of the five companies is the most profitable according to the profit margin ratio? Company a Company b Company c Company d
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