A company earned $5,780 in net income for october. its net sales for october were $17,000. its profit margin is:

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asked Apr 9, 2018 222k views

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Minna · Answer 1 · 2018-04-12T19:06:58+0000

The profit margin for above calculation is 34%. The profit margin can be calculated by dividing net income by net sales and finally multiplying with 100.

A company earned $5,780 in net income for october. its net sales for october were $17,000. its profit margin is:

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