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%
Correct Answer:

Verified
Correct Answer:
Verified
Q24: _ ratios are a measure of the
Q96: FASB Standard No. 52 mandates that U.S.-based
Q123: Table 3.1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5563/.jpg" alt="Table 3.1
Q125: Table 3.1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5563/.jpg" alt="Table 3.1
Q126: The financial leverage multiplier is the ratio
Q127: Construct the DuPont system of analysis using
Q129: Table 3.2<br>Dana Dairy Products Key Ratios <img
Q130: A firm with a gross profit margin
Q132: The net profit margin measures the percentage
Q133: A firm has the following accounts and