The balance sheet of ATLF, Inc. reports total assets of $950,000 and $1,050,000 at the beginning and end of the year, respectively. Net income and sales for the year are $100,000 and $800,000,...



The balance sheet of ATLF, Inc. reports total assets of $950,000 and $1,050,000 at the beginning and end of the year, respectively. Net income and sales for the year are $100,000 and $800,000, respectively.


What is ATLF's profit margin?







Select one:


a. 8%

b. 15%

c. 10%

d. 80%

e. 12.5%




Jun 10, 2022
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