Becky's Bovine Specials has a net income of $345, operating income of $305, sales of $678, and total assets of $245. Which of the following is the net profit margin for her business?
A) 0.361
B) 0.450
C) 0.508
D) 0.884
Correct Answer:
Verified
Q38: The ratios that measure the speed with
Q39: A financial statement that shows a firm's
Q40: Which of the following financial actions should
Q41: Sally's Shoe Service has accounts receivables of
Q42: Which of the following ratios measures the
Q44: Bill's Bolo business has a cost of
Q45: A low fixed asset turnover ratio often
Q46: Which of the following ratios measures the
Q47: Which of the following ratios shows how
Q48: Shelli's Ski Super has sales of $670,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents