What amount of net profit would an owner require if he or she wanted to achieve a profit margin of 45 percent of every $100 worth of sales?
A) $35
B) $45
C) $55
D) $65

Name: What amount of net profit would an owner require if he or she wanted to achieve a profit margin of 45 percent of every $100 worth of sales? A) $35 B) $45 C) $55 D) $65
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Question

Quizplus · Accepted Answer

A profit margin of 45% on $100 worth of sales means the net profit should be 45% of $100, which is $45.

What Amount of Net Profit Would an Owner Require If