Question 6(1 point) Milton Manufacturing had revenues of $14,000,000 in 2015. They sold...

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Accounting

Question 6(1 point)
Milton Manufacturing had revenues of $14,000,000 in 2015. They sold 200,000 carburetors kits through Canadian Tire. Their fixed costs were $5,000,000 and their contribution margin was 40%. What is their net profit margin?
7.28%
4.28%
5.28%
6.28%
None of the above
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