S shinee New member Oct 11, 2009 #1 problem: net sales of 250,000, cost of goods sold of 100,000, operating expenses of 50,000, net income of 87,000, beginning total assets of 500,000 & ending total assets of 600,000. calculate profit margin ratio.
problem: net sales of 250,000, cost of goods sold of 100,000, operating expenses of 50,000, net income of 87,000, beginning total assets of 500,000 & ending total assets of 600,000. calculate profit margin ratio.
