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    Exam 4: Accounting for Merchandising Businesses
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    The Following Are the Income Statements for Ace and Diamond
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The Following Are the Income Statements for Ace and Diamond

Question 139

Question 139

Multiple Choice

The following are the income statements for Ace and Diamond Companies.
What are the net income percentages for the above companies?
The following are the income statements for Ace and Diamond Companies. What are the net income percentages for the above companies?   A) 6.09% 4.25% B) 1.83% 1.70% C) 16.4% 23.6% D) 30% 40%


A) 6.09% 4.25%
B) 1.83% 1.70%
C) 16.4% 23.6%
D) 30% 40%

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