Calculate the net profit margin for a mixer sold for $125 that has an $80 cost of goods sold and 20% operating expenses. А. 25% B. $20 С. 16% D. 23%

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter2: Financial Statements, Cash Flow, And Taxes
Section: Chapter Questions
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Calculate the net profit margin for a mixer sold
for $125 that has an $80 cost of goods sold and
20% operating expenses.
A. 25%
B. $20
C. 16%
D. 23%
3- 2022 International Academy of Science. All Rights Reserved.
Transcribed Image Text:Calculate the net profit margin for a mixer sold for $125 that has an $80 cost of goods sold and 20% operating expenses. A. 25% B. $20 C. 16% D. 23% 3- 2022 International Academy of Science. All Rights Reserved.
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