The Poole Company reported the following income for 2014: What is the company's net margin?

Name: The Poole Company reported the following income for 2014: What is the company's net margin?
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Question

The Poole Company reported the following income for 2014:  What is the company's net margin?

Quizplus · Accepted Answer

Net margin is calculated by dividing net income by total revenue. Without knowing the total revenue, we cannot calculate the exact net margin. Therefore, the answer has to be chosen based on the options given. Option C is the only option that is less than 50%, and hence it is the best choice for net margin.

The Poole Company Reported the Following Income for 2014