Question

Prince Albert Canning PLC had a net loss of £46,331 on sales of £198,852. What was the company’s profit margin? (Do not round intermediate calculations. A negative answer should be indicated by a minus sign. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
  
Profit margin            %
  
In dollars, sales were $315,583. What was the net loss in dollars? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to the nearest whole dollar.)

Net Loss: $

Answer 1

a)		(In Euro)
	Sales	198852
	Profit	-46331
	Profit Margin	Profit / Sales * 100
		-46331 / 198852 * 100
		-23.30%
b)		(In Dollars)
	Net Loss in dollars =	Sales in Dollars * Profit Margin
		315583 * -23.2992376240%
		-73528