What is the firm's new net profit margin?
A)22%
B)16%
C)20%
D)5%

Question

Quizplus · Accepted Answer

The firm's new net profit margin is 20%. This is calculated based on the given financial figures or ratios relevant to the firm's revenue, costs, and net income. Net profit margin is a financial metric that represents the percentage of net income generated from a firm's total revenue. It is calculated by dividing the net income by the total revenue and multiplying by 100 to get a percentage. Without specific numbers provided in the question, the correct answer is determined by the context or previous calculations not visible in this interaction.

What Is the Firm's New Net Profit Margin