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9,000 21,000 6,000 Jones Company has the following financial information: Net Sales Cost of Goods Sold Gross Profit Operating Expenses 2019 $ 30,000 39% 167%

9,000 21,000 6,000 Jones Company has the following financial information: Net Sales Cost of Goods Sold Gross Profit Operating Expenses 2019 $ 30,000 39% 167% 243% 54% Operating Income 15,000 Interest Expense 300 I DON'T KNOW YET Income Before Income Taxes 14,700 Income Tax Expense 3,000 Net Income $11,700 What is the profit margin ratio? submit

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