Asked by
India Kayla
on Oct 09, 2024
Verified
The company's net profit margin percentage for Year 2 is closest to:
A) 37.3%
B) 2.6%
C) 1.4%
D) 0.9%
Net Profit Margin Percentage
A financial ratio that shows what percentage of sales has turned into profits, indicating overall profitability.
- Understand the significance of net profit margin and gross margin percentages in assessing profitability.
Verified Answer
SS
Learning Objectives
- Understand the significance of net profit margin and gross margin percentages in assessing profitability.
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