CHAPTER 8 QUIZ 78

CHAPTER 8 QUIZ 78



The Huck Printing Co. had sales of $10 million, Operating Income of $3 million; Aftertax income of $1 million; assets of $8 million; Stockholders' equity of $5 million; and a total debt of $3 million. What is Huck's profit margin?
A) 10.0%
B) 20.0%
C) 30.0%
D) 33.0%

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