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

-TPX Company's 2015 profit margin is:
A)18.8%.
B)9.0%.
C)19.4%.
D)15.1%.

Question

Use the following information to answer the next ten questions:
Excerpts from TPX Company's December 31,2015 and 2014,financial statements are presented below:
 
-TPX Company's 2015 profit margin is:
A)18.8%. 
B)9.0%. 
C)19.4%. 
D)15.1%.

Quizplus · Accepted Answer

The profit margin is calculated as (Net Income / Revenue) * 100. Without specific figures, the correct answer is based on provided options.

Use the Following Information to Answer the Next Ten Questions