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Exercise 3-25 (Algo) Computing and interpreting profit margin LO A1 Use the following information to compute profit margin for each separate company a through
Exercise 3-25 (Algo) 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 (%) a. $ 5,640 $ 48,620 b. 93,467 432,718 C. 98,660 277,134 d. 64,786 1,580,150 0. 78,760 471,614 Which of the five companies is the most profitable according to the profit margin ratio? O Company a O Company b Company c O Company d O Company e
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