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Eddie Lampert, the creepy genius who ran Sears into the ground, quit his job at Sears and opened a new discount store called Lampertmart.
Eddie Lampert, the creepy genius who ran Sears into the ground, quit his job at Sears and opened a new discount store called Lampertmart. Recent accounting reports for the new store indicated a cost of goods of $360,000, a gross margin percentage of 60%, a total expense ratio of 25%, taxes paid totaling $25,000. What is the store's net profit margin? 12.2% 25.1% 32.2% 40.3% None of the above
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