Question
Multiple Choice Question 162 Financial information is presented below: Operating expenses $ 29000 Sales revenue 199000 Cost of goods sold 165000 The profit margin ratio
Multiple Choice Question 162
Financial information is presented below:
Operating expenses $ 29000
Sales revenue 199000
Cost of goods sold 165000
The profit margin ratio would be
(A) 0.97.
(B) 0.83.
(C) 0.17.
(D) 0.03.
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
4th edition
978-0134125053, 9780134114781, 134125053, 134114787, 978-0134436111
