A company earned $5,780 in net income for october. its net sales for october were $17,000. its profit margin is:

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12-09-2017
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A company earned $5,780 in net income for october. its net sales for october were $17,000. its profit margin is:

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W0lf93 W0lf93 · Answer 1 · 2017-09-25T19:46:10+02:00

W0lf93 W0lf93

25-09-2017

The profit margin for above calculation is 34%. The profit margin can be calculated by dividing net income by net sales and finally multiplying with 100.

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