FOUND.OF FINANCIAL MANAGEMENT-ACCESS
FOUND.OF FINANCIAL MANAGEMENT-ACCESS
17th Edition
ISBN: 9781260519969
Author: BLOCK
Publisher: MCG
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Chapter 3, Problem 4P
Summary Introduction

To calculate: The profit margin of Billy’s Crystal Stores Inc.

Introduction:

Profit Margin:

Also called return on sales, profit margin is a ratio that helps determine the profit that a firm is able to generate through sales. It can be computed by dividing the firm’s net income by its net sales.

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FOUND.OF FINANCIAL MANAGEMENT-ACCESS

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Financial ratio analysis; Author: The Finance Storyteller;https://www.youtube.com/watch?v=MTq7HuvoGck;License: Standard Youtube License