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2 years ago

a company earned $3,000 in net income for october. its net sales for october were $10,000. its profit margin is

Business

1 answer:

kari74 [83]2 years ago

6 0

Answer:

30%

Explanation:

The computation of the profit margin is shown below:

Given that

Net income earned for the month of October = $3,000

And, the net sales for the month of October is $10,000

Based on the above information, the profit margin is

= Net income ÷ Net sales

= $3,000 ÷ $10,000

= 30%

By dividing the net income from the net sales we can get the profit margin and the same is to be considered

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3 years ago

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2 years ago

XYZ stock price and dividend history are as follows:

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This answer was deleted by a Brainly Staff Member for violating our Terms of Service.

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1 year ago

As long as a market is contestable, then even if it has only a few sellers, the Group of answer choices threat of new entrants w

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