Multiple Choice
Big K Grocer's financial statements show net income of $700 million, sales of $76,733 million, and average total assets of $23,175 million.
How much is Big K Grocer's profit margin for the year?
A) 4.71%
B) 0.91%
C) 30.20%
D) 6.42%
E) There is not enough information to calculate the ratio.
Correct Answer:
Verified
Correct Answer:
Verified
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