Selected financial information presented below was obtained from the financial statements of the Gaapa Valley Brewery: Current Assets $ 49,000 Property and Equipment, net 69,000 Current Liabilities 49,500 Noncurrent Liabilities 39,500 Stockholder?s Equity 21,000 Sales Revenue 60,000 Net Income 21,600 What was the net profit margin ratio?

Selected financial information presented below was obtained from the financial statements of the Gaapa Valley Brewery: Current Assets $ 49,000 Property and Equipment, net 69,000 Current Liabilities 49,500 Noncurrent Liabilities 39,500 Stockholder?s Equity 21,000 Sales Revenue 60,000 Net Income 21,600 What was the net profit margin ratio?

Understanding Management (MindTap Course List)

10th Edition

ISBN:9781305502215

Author:Richard L. Daft, Dorothy Marcic

Publisher:Richard L. Daft, Dorothy Marcic

ChapterP6: Part 6: Integrative Case

Section: Chapter Questions

Problem 3IC

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