If Net Income After Tax Was $10,000,interest Expense Was $4,000,and

question 42

Multiple Choice

If net income after tax was $10,000,interest expense was $4,000,and taxes were $1,000,what is the net profit margin if sales were $50,000?

• A) 10%
• B) 30%
• C) 22%
• D) 28%
• E) 20%

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Definitions:

Qualified Employees

Workers who possess the skills, education, and experience required to perform the duties of a specific job effectively.

Critical Incident Technique

A qualitative research method focusing on the identification and examination of specific events (critical incidents) that people experience, particularly those that significantly impact the outcome of a process or performance in various contexts.

Discriminate Behavior

Actions or responses that differentiate between objects, individuals, or situations, often based on learned or inherent characteristics.

Successful Behavior

Actions or conduct that lead to the achievement of desired results or goals.