Find the net profit margin if earnings before interest and taxes is $20,000, net income is $10,000, sales are $50,000, and total assets are $100,000.
A) 40%
B) 20%
C) 10%
D) 30%

Name: Find the net profit margin if earnings before interest and taxes is $20,000, net income is $10,000, sales are $50,000, and total assets are $100,000. A) 40% B) 20% C) 10% D) 30%
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

Net profit margin is calculated by dividing the net income by sales. In this case, net profit margin would be $10,000/$50,000, which is 20%.

Find the Net Profit Margin If Earnings Before Interest and Taxes