Martinez Corporation reported net sales of $765,000,net income of $142,000,and total assets of $7,634,409.The profit margin is:
A) 539.0%.
B) 5.39%.
C) 81.4%.
D) 1.86%.
E) 18.56%.
Correct Answer:
Verified
Q93: Dividing ending inventory by cost of goods
Q104: Net sales divided by average total assets
Q111: A component of operating efficiency and profitability,
Q133: Carducci Corporation reported net sales of $3.6
Q136: Zhang Company reported Cost of goods sold
Q137: Carducci Corporation reported net sales of $3.6
Q139: Clairmont Industries reported net income of $283,000,average
Q141: A corporation reports the following year-end balance
Q142: Use the following selected information from Whitman
Q143: Selected current year company information follows:
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents