A net profit margin of 18.2% means that the company used 81.8 cents of each sales dollar to cover costs and expenses.

Name: A net profit margin of 18.2% means that the company used 81.8 cents of each sales dollar to cover costs and expenses.
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Question

Quizplus · Accepted Answer

A net profit margin of 18.2% means that the company earned 18.2 cents of net income for each dollar of revenue,which means that 81.8 cents (or $1.00 − $.182)went to cover costs and expenses.

A Net Profit Margin of 18