A company shows the following balances:
-What is the company's profit margin?
A) 7.5%
B) 10%
C) 15%
D) 30%

Name: A company shows the following balances: -What is the company's profit margin? A) 7.5% B) 10% C) 15% D) 30%
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Question

A company shows the following balances: 
-What is the company's profit margin?
A) 7.5% 
B) 10% 
C) 15% 
D) 30%

Quizplus · Accepted Answer

Profit margin is calculated as (Net Profit / Revenue) * 100. If a company has a net profit of $100,000 and revenue of $1,000,000, its profit margin would be (100,000 / 1,000,000) * 100 = 10%.

A Company Shows the Following Balances