Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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A company has net income of $30,000 and total sales of $150,000. What is the net
profit margin?
A) 15% B) 20% C) 25% D) 30%
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Transcribed Image Text:A company has net income of $30,000 and total sales of $150,000. What is the net profit margin? A) 15% B) 20% C) 25% D) 30%
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