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Royal Corp's sales last year were $560,000, and its net income was $46,000. What was its profit margin? a) 7.41% b) 7.80% c) 8.21% d)
Royal Corp's sales last year were $560,000, and its net income was $46,000. What was its profit margin?
a) 7.41%
b) 7.80%
c) 8.21%
d) 8.63%
e) None of the above
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Options Trading For Beginners
Authors: Mike Hartley
1st Edition
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