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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