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Prince Albert Canning PLC had a net loss of 4 7 , 4 3 1 on sales of 1 9 9 , 9 5 2

Prince Albert Canning PLC had a net loss of 47,431 on sales of 199,952.
a. What was the company's profit margin? (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 $317,433. What was the net loss in dollars? (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.)
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a. Profit margin
b. Net loss
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