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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.) Company Net

Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decimal place.)
Company Net Income Net Sales Profit Margin (%)
a. $5,960 $50,510
b. 98,000 449,539
c. 103,071 287,907
d. 70,588 1,641,575
e. 82,801 489,947

Which of the five companies is the most profitable according to the profit margin ratio?

multiple choice

  • Company a

  • Company b

  • Company c

  • Company d

  • Company e

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