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Use the following information to compute profit margin for each separate company a through e. (Round your answers to 1 decima
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Answer #1
Profit margin (%) = Net income/Net Sales
Company Net income Net Sales Profit margin (%)
a 4903 43780 11.2%
b 82604 389642 21.2%
c 87840 249546 35.2%
d 52645 1422850 3.7%
e 69221 424666 16.3%
Company C is more profitable, as it has highest Profit margin (%)
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