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Prince Albert Canning PLC had a net loss of 26,782 on sales of 492,162. a. What was the company's profit margin? Note: A negative
Prince Albert Canning PLC had a net loss of 26,782 on sales of 492,162. a. What was the company's profit margin? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. In dollars, sales were $698,266. What was the net loss in dollars? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Profit margin b. Net income/Loss %
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