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  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 9: Analyzing Financial Statements
  5. Question
    Francesco Earned $3,000 Profit for October
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Francesco Earned $3,000 Profit for October

Question 15

Question 15

Multiple Choice

Francesco earned $3,000 profit for October.Its net revenues were $10,000.Its profit margin is


A) $7,000
B) 30%
C) 500%
D) 2%
E) 200%

Correct Answer:

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