Landau mechanics inc, had a gross sales of 543.370, Sales returns and allowances of 5370 Net income

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Landau mechanics inc, had a gross sales of 543.370,

Sales returns and allowances of 5370

Net income of 28,640 last year.

What was the company's net profit margin to the nearest whole percentage?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Aug 04, 2023 08:42 AM

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Landau mechanics inc, had a gross sales of 543.370, Sales returns and allowances of 5370 Net income

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To calculate the net profit margin you need to divide the net income by ... View the full answer

Income Tax Fundamentals 2013

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