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Excerpts from Dowling Company's December 31,2016 and 2015,financial statements and key ratios are presented below (all numbers are in millions):

-Dowling's 2016 profit margin is (rounded):

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Excerpts from Dowling Company's December 31,2016 and 2015,financial statements and key ratios are presented below (all numbers are in millions):
 
-Dowling's 2016 profit margin is (rounded):

Quizplus · Accepted Answer

The correct profit margin is calculated by dividing the net income by the revenue and then multiplying by 100 to get a percentage. The given options suggest that the correct rounded percentage is 17.4%.

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