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    Fundamental Accounting Principles Study Set 6
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    Exam 17: Analysis of Financial Statements
  5. Question
    Martinez Corporation Reported Net Sales of $765,000 and Net Income
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Martinez Corporation Reported Net Sales of $765,000 and Net Income

Question 14

Question 14

Multiple Choice

Martinez Corporation reported Net sales of $765,000 and Net income of $142,000.The Profit margin is:


A) 539.0%.
B) 5.39%.
C) 81.4%.
D) 1.86%.
E) 18.56%.

Correct Answer:

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