On January 1, 2014, a company has assets of $15.10 billion *

On January 1, 2014, a company has assets of $15.10 billion and stockholders’ equity of $8.90 billion. On January 1, 2015, the same company has assets of $19.10 billion and stockholders’ equity of $9.90 billion. During 2014, the company had total sales revenue of $9.90 billion and total expenses of $6.10 billion. If the company doesn’t have other sources of revenue, its net profit margin during 2014 is closest to:

 

“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”

What Students Are Saying About Us

.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐
"Honestly, I was afraid to send my paper to you, but splendidwritings.com proved they are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"

.......... Customer ID: 14***| Rating: ⭐⭐⭐⭐⭐
"The company has some nice prices and good content. I ordered a term paper here and got a very good one. I'll keep ordering from this website."

"Order a Custom Paper on Similar Assignment! No Plagiarism! Enjoy 20% Discount"