Use the following information to answer the next ten questions:
Excerpts from Stealth Company's December 31,2015 and 2014,financial statements are presented below:

-Stealth Company's 2015 profit margin is:
A)17.1%.
B)13.5%.
C)7.6%.
D)4.5%.

Question

Use the following information to answer the next ten questions:
Excerpts from Stealth Company's December 31,2015 and 2014,financial statements are presented below:
 
-Stealth Company's 2015 profit margin is:
A)17.1%. 
B)13.5%. 
C)7.6%. 
D)4.5%.

Quizplus · Accepted Answer

The profit margin is calculated by dividing net income by revenue. If Stealth Company's net income and revenue figures for 2015 are provided, the calculation would show a profit margin of 17.1%.

Use the Following Information to Answer the Next Ten Questions