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tetleyelmo tetleyelmo
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Posts: 662
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7 years ago
If net income after tax was $10,000, interest expense was $4,000, and taxes were $1,000, what is the net profit margin if sales were $50,000?
A) 10%
B) 30%
C) 22%
D) 28%
E) 20%
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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Answer verified by a subject expert
BlimpBlimp
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Posts: 499
7 years ago
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1
Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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tetleyelmo Author
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7 years ago
This helped my grade so much Perfect
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Smart ... Thanks!
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