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A company earned $6,125 in net income for october. Its net sales for october were $17,500. its profit margin is?

Respuesta :

The profit margin is 35 percent when the net sales were $17,500 and the net income was $6,125.

The profit margin is calculated by dividing net income by net sales.

Therefore, Profit margin = [tex]\frac{6125}{17500}= 0.35[/tex]

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