In: Finance
A firm’s Revenues equals $2,000,000, Earnings After Taxes equals $250,000, Earnings Before Interest and Taxes equals $400,000, and Total Assets equals $5,000,000. What is this firm’s Profit Margin?
a. |
20% |
|
b. |
12.5% |
|
c. |
5% |
|
d. |
none of the above |