$\begin{array}{l}
\text { LIABILITIES AND SHAREHOLDERS' EQUITY }\
\begin{array} { l r }
\text { Accounts payable } & \$ 60,000 \
\text { Accrued expenses } & 40,000 \
\text { Long-term debt } & 130,000 \
\text { Common stock } & 80,000 \
\text { Retained earnings } & \underline { 100,000 } \
\text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 }
\end{array}
\end{array}$

-Compute Megaframe's after tax profit margin.
A) 10.0%
B) 14.29%
C) 11.43%
D) 46.34%

Question

$\begin{array}{l}
\text { LIABILITIES AND SHAREHOLDERS' EQUITY }\
\begin{array} { l r } 
\text { Accounts payable } & \$ 60,000 \
\text { Accrued expenses } & 40,000 \
\text { Long-term debt } & 130,000 \
\text { Common stock } & 80,000 \
\text { Retained earnings } & \underline { 100,000 } \
\text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 }
\end{array}
\end{array}$

-Compute Megaframe's after tax profit margin.
A) 10.0% 
B) 14.29% 
C) 11.43% 
D) 46.34%

Quizplus · Accepted Answer

The Answer of 
$\begin{array}{l}
\text { LIABILITIES AND SHAREHOLDERS' EQUITY }\
\begin{array} { l r } 
\text { Accounts payable } & \$ 60,000 \
\text { Accrued expenses } & 40,000 \
\text { Long-term debt } & 130,000 \
\text { Common stock } & 80,000 \
\text { Retained earnings } & \underline { 100,000 } \
\text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 }
\end{array}
\end{array}$

-Compute Megaframe's after tax profit margin.
A) 10.0% 
B) 14.29% 
C) 11.43% 
D) 46.34%

-Compute Megaframe's After Tax Profit Margin