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    Accounting What the Numbers Mean Study Set 1
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    Exam 3: Fundamental Interpretations Made From Financial Statement Data
  5. Question
    Mechforce Manufacturing's Net Income Was $420,000 on Sales of $14
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Mechforce Manufacturing's Net Income Was $420,000 on Sales of $14

Question 5

Question 5

Multiple Choice

Mechforce Manufacturing's net income was $420,000 on sales of $14 million.Average assets for the year were $10 million.Margin for the year was:


A) 1.4
B) 1.8
C) 3.0%
D) 4.2%

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