The average profit earned by a business today is about 5 percent of total receipts.

Question

Quizplus · Accepted Answer

The average profit margin for businesses can vary widely by industry, but a common benchmark for a healthy profit margin is typically around 5 to 10 percent of total revenue. This means that, on average, businesses might aim to earn about 5 percent of their total receipts as profit, though actual figures can be higher or lower based on the specific sector and operational efficiencies.

The Average Profit Earned by a Business Today Is About