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Which of the statements below best describes a pragmatic funding policy approach? The following extract...

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Finance

Which of the statements below best describes a pragmatic funding policy approach?

The following extract relates to company X for 20X5

20X5 Revenue 20,000 Cost of Sales (15400) Gross Profit 4600 Less: Expenses (2460)

Net Profit 2140

What is the net profit margin as a percentage for 20X5?

a. 12.3% a. 12.3% b. 23% b. 23% c. 10.7% c. 10.7% d. None of the options

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