Question
5) Sales revenue for ABC Ltd is at $200,000 and the cost of goods sold is at $40,000. It is known that the net profit
5) Sales revenue for ABC Ltd is at $200,000 and the cost of goods sold is at $40,000. It is known that the net profit is at $10,000. What is the net profit margin of the firm?
A) 2000%
B) 1500%
C) 25%
D) 5%
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
