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Anika [276]
3 years ago
13

Refer to the following selected financial information from our company. Compute the company's profit margin for Year 2.

Business
1 answer:
Marianna [84]3 years ago
3 0

Answer:

a. 14.1%

Explanation:

Year 2

Net Profit Margin = Earnings Before Tax / Sales × 100

                             = $ 67,250 / $478,500 × 100

                             = 14.05 or 14.1 %

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AlekseyPX

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Barehugs is popular loungewear that prides itself on its versatility. last year, its net sales were $1,750,000 with cost of good
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First, we need to find the gross margin.
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5 0
4 years ago
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