Question: Multiple Choice Question 162 Financial information is presented below: Operating expenses $ 29000 Sales revenue 199000 Cost of goods sold 165000 The profit margin ratio

Multiple Choice Question 162

Financial information is presented below:

Operating expenses $ 29000

Sales revenue 199000

Cost of goods sold 165000

The profit margin ratio would be

(A) 0.97.

(B) 0.83.

(C) 0.17.

(D) 0.03.

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