Question
A company has announced total revenues of $400 million, gross profits of $150 million, operating income of $130 million, and net income of $40 million.
A company has announced total revenues of $400 million, gross profits of $150 million, operating income of $130 million, and net income of $40 million. What is its net profit margin? Answer in percent, rounded to one decimal place. (e.g., 26.73% = 26.7)
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Credit Derivatives Handbook Global Perspectives Innovations And Market Drivers
Authors: Greg Gregoriou, Paul Ali
1st Edition
0071549528, 978-0071549523
