Multiple Choice
Following are the financial statements for Flynn Corporation for the year ended December 31,20x5.Assume that all balance sheet amounts represent both average and ending figures.
-What is the profit margin for this corporation? Round your answer to one decimal place.
A) 22.5 percent
B) 30.0 percent
C) 40.0 percent
D) 53.3 percent
Correct Answer:

Verified
Correct Answer:
Verified
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