A company's net profit Margins M, expressed as a percent is determined using the formula M = 100l/R where I represent net income and R represent net Revenue. Calculate the net profit margin for a company with a net income of $254,000 and a net revenue of $7,548,000. Round to the nearest hundredth of a percent
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A company's net profit Margins M, expressed as a percent is determined using the formula M = 100l/R where I represent net income and R ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Metlock has been in business several years. At the end of the current year, the unadjusted trial balance shows: Accounts Receivable $300,000 Dr. Sales Revenue 2,321,700 Cr. Allowance for Doubtful Accounts 5,355 Cr.
Answers (1)
Surgery U. S. insurers' costs for knee replacement surgery range from $17,627 to $25,462. Estimate the population variance (standard deviation) in cost with 98% confidence based on a random sample of 10 persons who have had this surgery.
Answers (1)
When a company says, "our people are number one," they are generally speaking about the importance of which group of stakeholders?
Answers (1)
The 2018 financial statements of BNSF Railway Company report total revenues of $19,548 million, accounts receivable of $1,189 million for 2018 and $955 million for 2017. The company's accounts receivable turnover for 2018 is:A) 16.4 daysB) 20.
Answers (1)
Which is the stage in the product development process where most new product ideas are rejected because they seem inappropriate for an organization?
Answers (1)
New Questions in Business
If the exchange rate is 1.25 New Zealand dollars per U. S dollar, the price of apples is $2 a pound in the U. S. and 1 New Zealand dollar per pound in New Zealand, what is the real exchange rate? A. 22.5 B. 1.25 C. 2 D. 0.75
Answers (1)
The attitude adopted by Calvin Coolidge that government should play a small role in business affairs is known as what?
Answers (1)
Why is it important to take special steps to format an electronic résumé properly? a. It demonstrates superior knowledge over other candidates b. It shows time went into applying for the position c. It ensures the document is clear and readable d.
Answers (1)
For much of the 1990s, the U. S. economy was experiencing long-run economic growth, low unemployment, and a stable inflation rate. Which of the following would give rise to these outcomes? Choose one: A.
Answers (1)
The Victoria Fund, a child welfare fund, received $50,000 in cash in 2018. The donor requires the gift be held in perpetuity and that the income from investing this money may be used for its program of promoting adoption of young girls.
Answers (1)