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?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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NPMR: FINANCIAL ACCOUNTING
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