A Firm Reports a Net Profit Margin of 10

question 63

Multiple Choice

A firm reports a net profit margin of 10.0 percent on sales of $3 million when ignoring the effects of financing.If taxes are $200,000, how much is EBIT?

• A)$100,000
• B)$300,000
• C)$500,000
• D)$800,000 Net profit margin =

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Definitions:

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Services

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Macro Practice

Social work practice focused on large-scale social processes and structures, aiming at systemic change in communities or organizations.

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