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Genrish500 [490]
1 year ago
12

Mega corp.has $10,000 in net income and $40,000 in sales. What is mega corp.’s profit margin?

Business
1 answer:
lakkis [162]1 year ago
6 0

Profit margin is 25%

Given net income is $10,000 and sales is $40,000.

Cost = Sales - net income

       =$40,000-$10,000

       =$30,000

Profit margin to be computed.

Profit margin measures how much the  money a firm or the business activity produces by dividing income by the revenues. Profit margin, given as a percentage, is basically the number of cents earned for every dollar of the  sales.

Profit margin is computed with the formula given below:

Profit margin= Revenue-Cost / Revenue

                     = $40,000- $30,0000/ $40,000

                     = 0.25

                     =25%

Therefore,  the correct option of the profit margin is c. 25%.

To know more about profit margin click here:

brainly.com/question/24161087

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