We have that
Profit margin is calculated by finding the net profit as a percentage of the revenue
Profit margin = [Net profit / Revenue]
Net profit= [Revenue-Cost]
we know that
Revenue = $16.25 million
Cost = $13.5 million + $2.7 million
Net profit = [16.25 million - (13.5 million + 2.7 million)]
Net profit = $0.05 million
Profit margin = 0.05 / 16.25
Profit margin = 0.003077 or 0.3077%
Answer:
it increased 30.36%
Step-by-step explanation
100/56=1.785714286
1.785714286x73=130.35714286
130.35714286-100=30.35714286
30.35714286=30.36%
Answer:
Step-by-step explanation:
perimeter of a square = 4 x length (L)
8x - 10 + 8x - 10 = 4L
rearrange the expression
8x + 8x - 10 - 10 = 4L
16x - 20 = 4L
divide both sides for L to stand alone
(16x - 20)/ 4 = 4L/4
(16x - 20)/4 = L
