Total margin = net income/total revenues Net income is $9,600 Total revenues...

90.2K

Verified Solution

Question

Finance

Total margin = net income/total revenues

Net income is $9,600

Total revenues are 206,349

What is the total margin?

A. 6%

B. 5%

C. 5.5%

D. 7%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students