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If a company has $221,200 in total revenues and $52,711 in profit, then the profit margin percentage would be 18.5%. True False If a company

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If a company has $221,200 in total revenues and $52,711 in profit, then the profit margin percentage would be 18.5%. True False If a company has $501,800 in total revenues and S62,421 in profit, then the profit margin percentage would be 12.4%. True False If a company has $987,200 in total revenues and $420,100 in profit, then the profit margin percentage would be 42.6%. True False

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