Marino Company Has Provided the Following Information

question 96

Multiple Choice

Marino Company has provided the following information:
Net sales,$480,000
Net income,$24,000
Average total assets,$200,000
What is Marino's net profit margin ratio?

• A)75%
• B)12%
• C)42%
• D)5%

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Definitions:

Irrational Fear

A disproportionate and intense fear of an object, situation, or activity that poses little to no actual danger.

Obsessive-Compulsive Disorder

A mental disorder characterized by unwanted repetitive thoughts (obsessions) and actions (compulsions).

Overwhelmed With Dread

A state of being consumed by intense fear or anxiety about something that seems overpowering.

Extreme Behavior

Actions that are significantly outside the norm, often in a manner that is potentially harmful or dangerous to self or others.