Price Printing Co. had sales of $10 million, operating income of $3 million, after-tax income of $1 million, assets of $8 million, stockholders' equity of $5 million, and a total debt of $3 million. What is Price Printing Company's profit margin?
A) 10.0%
B) 20.0%
C) 30.0%
D) 33.0%
E) 90.0%
Correct Answer:
Verified
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