Question
A firm has total sales of $50million. It has a gross profit of $15 million, operating income of $8.5 million and net income of $5
A firm has total sales of $50million. It has a gross profit of $15 million, operating income of $8.5 million and net income of $5 million. What is the firm net profit margin?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
13th edition
978-1285027371, 128502737X, 978-1133541141
