Company X Has Net Sales Revenue of $780,000,cost of Goods

question 148

Multiple Choice

Company X has net sales revenue of $780,000,cost of goods sold of $343,200,and all other expenses of $327,600.The net profit margin is closest to:

• A) 0.32.
• B) 0.56.
• C) 0.86.
• D) 0.14.