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If a company has a net income of $250,000 and total revenue of $1,000,000, what is the profit margin?

Practice Questions

1 question
Q1
If a company has a net income of $250,000 and total revenue of $1,000,000, what is the profit margin?
  1. 25%
  2. 20%
  3. 30%
  4. 15%

Questions & Step-by-step Solutions

1 item
Q
Q: If a company has a net income of $250,000 and total revenue of $1,000,000, what is the profit margin?
Solution: Profit Margin = (Net Income / Total Revenue) * 100 = (250,000 / 1,000,000) * 100 = 25%.
Steps: 0

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