Financial information of Aris company are given below.   $ Revenue 70000 Net profit 11200 Total assets 112000 Total equity 74600 Compute the net profit margin ratio . 12% 16% 25% 20%

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.4.18P: Twenty metrics of liquidity, solvency, and profitability The comparative financial statements of...
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Financial information of Aris company are given below.

  $
Revenue 70000
Net profit 11200
Total assets 112000
Total equity 74600

Compute the net profit margin ratio .

12%
16%
25%
20%
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