A company earned $3,000 in net income for October. Its net sales for October were $10,000. Its profit margin is:
A) 333%.
B) 33%.
C) 33.3%
D) 3%.
E) 30%.

Name: A company earned $3,000 in net income for October. Its net sales for October were $10,000. Its profit margin is: A) 333%. B) 33%. C) 33.3% D) 3%. E) 30%.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

The Answer of A company earned $3,000 in net income for October. Its net sales for October were $10,000. Its profit margin is:
A) 333%.
B) 33%.
C) 33.3%
D) 3%.
E) 30%.

A Company Earned $3,000 in Net Income for October