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    Exam 3: Financial Statements and Ratio Analysis
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    In 2018,Target Corp
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In 2018,Target Corp

Question 128

Question 128

Multiple Choice

In 2018,Target Corp.reported sales of $71.9 billion,cost of goods sold of $51.1 billion,operating profit of $4.3 billion,and net income of $2.9 billion.Target has no preferred stock outstanding.It's net profit margin that year was ________.


A) 6%
B) 28.9%
C) 4%
D) 5.7%

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