From the Information Provided, Calculate Giuseppe's Profit Margin Ratio for Each

question 144

Essay

From the information provided, calculate Giuseppe's profit margin ratio for each of the three years. Comment on the results, assuming that the industry average for the profit margin ratio is 6% for each of the three years.
$\begin{array}{lrccc}&\underline{2017}&\underline{2016}&\underline{2015}\\\text { Net income } & \$ 2,630 & \$ 2,100 & \$ 1,850 \\\text { Net Sales } & 36,500 & 32,850 & 31,200 \\\text { Total Assets } & 400,000 & 385,000 & 350,000\end{array}$

Comprehend the role of urban interdependence in societal stability and development.

Recognize the significance of animal to human disease transmission (zoonoses) and its implications.

Understand the evolution and role of social and economic structures within historical societies.

Grasp the historical development of warfare and its impact on societies.

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Definitions:

Distribution

The process of making a product or service available for use or consumption by a consumer or business user.

Trust

An arrangement in which title to property is held by one person (a trustee) for the benefit of another (a beneficiary).

Grantor

The person or entity that creates a trust and transfers property into it, or someone who grants or conveys a legal right.

Living Will

A document that allows a person to control the methods of medical treatment that may be used after a serious accident or illness.