Calculate sales if the net income is $200,000 and the net margin is 50%.

A) $480,000
B) $400,000
C) $300,000
D) $570,000
E) $600,000

Question

Calculate sales if the net income is $200,000 and the net margin is 50%.A)  $480,000B)  $400,000C)  $300,000D)  $570,000E)  $600,000

Jazlyn Merida · Accepted Answer

Final Answer : B, Explanation :  Net margin is calculated as net income divided by sales. So, if net income is $200,000 and net margin is 50%, we can set up the equation:$200,000 = 0.50(sales)Solving for sales, we get:sales = $400,000Therefore, the correct answer is B.

Calculate sales if the net income is $200,000 and the net margin is 50%.

A) $480,000
B) $400,000
C) $300,000
D) $570,000
E) $600,000

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