Answered: Financial information of Aris company…

Financial information of Aris company are given below. $ Revenue 70000 Net profit 11200 Total assets 112000 Total equity 74600 Compute the net profit margin ratio . 12% 16% 25% 20%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Financial information of Aris company are given below.

	$
Revenue	70000
Net profit	11200
Total assets	112000
Total equity	74600

Compute the net profit margin ratio .

12%

16%

25%

20%

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