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Delta Manufacturing reports the following financial information: • Total Sales: $32,600,000 • Total Assets: $22,400,000 • Total Debt: $7,900,000 • Profit Margin: 7.5% What is the company's net income? A. $2,100,000 B. $2,445,000 C. $2,700,000 D. $3,260,000 E. $1,950,000

Delta Manufacturing reports the following financial information: • Total Sales: $32,600,000 • Total Assets: $22,400,000 • Total Debt: $7,900,000 • Profit Margin: 7.5% What is the company's net income? A. $2,100,000 B. $2,445,000 C. $2,700,000 D. $3,260,000 E. $1,950,000

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 5EB: During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of...
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Delta Manufacturing reports the following financial information: • Total Sales: $32,600,000 • Total Assets: $22,400,000 • Total Debt: $7,900,000 • Profit Margin: 7.5% What is the company's net income? A. $2,100,000 B. $2,445,000 C. $2,700,000 D. $3,260,000 E. $1,950,000
Transcribed Image Text:Delta Manufacturing reports the following financial information: • Total Sales: $32,600,000 • Total Assets: $22,400,000 • Total Debt: $7,900,000 • Profit Margin: 7.5% What is the company's net income? A. $2,100,000 B. $2,445,000 C. $2,700,000 D. $3,260,000 E. $1,950,000
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