contestada

Richard's Sporting Goods reports net income of $150,000, net sales of $520,000, and average assets of $1,600,000. The profit margin is:

Respuesta :

PGAMUKAMA

Answer:

28.8%

Explanation:

Profit margin = (Net income or profit / Net sales) X 100%

                      =( $150,000/ $520,000) x 100%

                       = 28.8%

Otras preguntas