Question: Use the following information for the next 2 problems Jones Inc. FY 2018 Revenue $1,000,000 Cost of Goods Sold 500,000 Total Operating Expenses 300,000 ax

Use the following information for the next 2 problems Jones Inc. FY 2018 Revenue $1,000,000 Cost of Goods Sold 500,000 Total Operating Expenses 300,000 ax 70,000 Net Income 130,000 The net profit margin ratio for Jones Corporation for 2018 is: O 10.0% O 13.0% O 7.0% O 50.0%

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