If net income after tax was $10,000,interest expense was $4,000,and taxes were $1,000,what is the net profit margin if sales were $50,000?
A) 10%
B) 30%
C) 22%
D) 28%
E) 20%

Name: If net income after tax was $10,000,interest expense was $4,000,and taxes were $1,000,what is the net profit margin if sales were $50,000? A) 10% B) 30% C) 22% D) 28% E) 20%
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Quizplus · Accepted Answer

Net profit margin = 11ea7fdb_fc2e_00fd_a768_19aa7493d2b0_TB2902_11 Net profit margin = 11ea7fdb_fc2e_00fe_a768_d5456b61f842_TB2902_11 = 20%

If Net Income After Tax Was $10,000,interest Expense Was $4,000,and