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Prince Albert Canning PLC had a net loss of 34,343 on sales of 198,852. a. What was the companys profit margin? (A negative answer should
Prince Albert Canning PLC had a net loss of 34,343 on sales of 198,852.
a. What was the companys profit margin? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b. In dollars, sales were $315,583. What was the net loss in dollars? (A loss should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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