Use the following information to compute profit margin for each separate company a through e. Net Income

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Use the following information to compute profit margin for each separate company a through e.

Net Income Net Sales

a. $ 4,361 .......$ 44,500

b. 97,706 ....... 398,800

c. 111,281....... 257,000

d. $65,646....... $1,458,800

e. 80,142 ....... 435,500

Which of the five companies is the most profitable according to the profit margin ratio? Interpret that company’s profit margin ratio.

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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Nov 14, 2013 06:01 AM

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Use the following information to compute profit margin for each separate company a through e. Net Income

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a 4361 44500 98 b 97706 398800 245 c 111281 257000 433 d 65646 ...View the full answer

Fundamental accounting principle

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