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Lesechka [4]
1 year ago
8

A company earned $6,125 in net income for october. Its net sales for october were $17,500. its profit margin is?

Business
1 answer:
mart [117]1 year ago
8 0

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 = \frac{6125}{17500}= 0.35

Learn more about profit margin here:

https://brainly.in/question/9529536

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