4. What is the profit margin?
A) 20%
B) 15.7%
C) 14%
D) 6.36%

Name: 4. What is the profit margin? A) 20% B) 15.7% C) 14% D) 6.36%
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The profit margin is calculated by dividing the net profit by the revenue and multiplying by 100. In this case, the net profit is $157,000 ($600,000 - $443,000) and the revenue is $1,000,000. So the profit margin would be (157,000 / 1,000,000) * 100 = 15.7%. Therefore, the best answer is B.

4. What Is the Profit Margin