Price Printing Co

question 24

Multiple Choice

Price Printing Co. had sales of $10 million, operating income of $3 million, after-tax income of $1 million, assets of $8 million, stockholders' equity of $5 million, and a total debt of $3 million. What is Price Printing Company's profit margin?

• A)10.0%
• B)20.0%
• C)30.0%
• D)33.0%
• E)90.0%

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