The selected financial information presented below was obtained from the financial statements of the Napa Valley Brewery:
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The selected financial information presented below was obtained from the financial statements of the Napa Valley Brewery:
Current Assets | $60,000 |
Property and Equipment, net | $80,000 |
Current Liabilities | $55,000 |
Noncurrent Liabilities | $45,000 |
Stockholder's Equity | $24,000 |
Sales Revenue | $70,000 |
Net Income | $34,300 |
What was the net profit margin ratio?
Related Book For
Federal Taxation 2020 Comprehensive
ISBN: 9780135196274
33rd Edition
Authors: Timothy J. Rupert, Kenneth E. Anderson, David S. Hulse
Posted Date: