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Exercise 3-13 Computing and interpreting profit margin LO A1 Use the following information to compute profit margin for each separate company a through e.
Exercise 3-13 Computing and interpreting profit margin LO A1 Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place.) Company Net Income Net Sales Profit Margin (%)) $ 4,361 $ 44,500 a. b. 97,706 398,800 C. 111,281 257,000 d. 65,846 1,458,800 nices 0. 80,132 435,500 M NEW Which of the five companies is the most profitable according to the profit margin ratio? Company a O Company b O Company c O Company d < Prev 16 of 17 Next >>
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