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Question 7 Profit and loss statements for two companies are presented below: Company A Company B Revenue $432,000 Revenue $1,003,331 Expenses Expenses Operating Operating
Question 7 Profit and loss statements for two companies are presented below: Company A Company B Revenue $432,000 Revenue $1,003,331 Expenses Expenses Operating Operating Exp. 44,000 243,000 Exp. Salary Exp. 253,000 Salary Exp. 372,010 Interest Exp. 22,000 Interest Exp. 89,030 Profit 113,000 Profit 299,291 Which company has a higher profit margin? Company A Company B
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