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Maks Depot reported the following information for the year 2019. Net sales OMR 635,000 Cost of sales OMR 298,400 Gain from disposal of paint products
Maks Depot reported the following information for the year 2019.
Net sales OMR 635,000
Cost of sales OMR 298,400
Gain from disposal of paint products OMR 26,400
Loss from disposal of tools OMR 102,700
Total loss from discontinued operation OMR 96,500
Total profit of the company OMR 240,950
the profit margin for the year2019 is:
a- 42.5%
b- 20.34%
c- 24.8%
d- 37.9%
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