Richard's Sporting Goods reports net income of $100,000,net sales of $500,000,and average assets of $1,000,000.The profit margin is:
A)10%.
B)20%.
C)50%.

Name: Richard's Sporting Goods reports net income of $100,000,net sales of $500,000,and average assets of $1,000,000.The profit margin is: A)10%. B)20%. C)50%.
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

The Answer of Richard's Sporting Goods reports net income of $100,000,net sales of $500,000,and average assets of $1,000,000.The profit margin is:
A)10%.
B)20%.
C)50%.

Richard's Sporting Goods Reports Net Income of $100,000,net Sales of $500,000,and