I think the answer is C hope this helps!
Answer:
Cash Accounting
Explanation:
This is a type of accounting principle where receipts are entered during the transaction period they are paid, and disbursement are also entered during the periods they were made out.
Cash Accounting are commonly used by entrepreneurs because of it's simplicity, as it easily shows the financial position of the business.
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The profit margin is 35 percent when the net sales were $17,500 and the net income was $6,125.
The profit margin is calculated by dividing net income by net sales.
Therefore, Profit margin =
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