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i am trying to find the profit margin for these two years,is this correct? 80,000 net income/ 24,578,000 total revenue x 100= 0.325 and -252,840/
i am trying to find the profit margin for these two years,is this correct? 80,000 net income/ 24,578,000 total revenue x 100= 0.325 and -252,840/ 21,461,268 x 100= -10.2727 if so what does this mean?
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Fundamental financial accounting concepts
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
8th edition
978-007802536, 9780077648831, 0078025362, 77648838, 978-0078025365
