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Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place. Omit the %
Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place. Omit the "%" sign in your response.) Net Income Net Sales Profit Margin a. $ 5,390 $ 44,830 % b. 87,644 398,954 % c. 93,385 257,082 % d. 55,234 1,458,999 % e. 70,158 435,925 % Which of the five companies is the most profitable according to the profit margin ratio? ___Company a ___Company b ___Company c ___Company d ___Company e
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