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Calculate the net profit margin for a lamp sold for $80 that has a $50 cost of goods sold and 20% operating expenses.
Question
Calculate the net profit margin for a
lamp sold for $80 that has a $50 cost
of goods sold and 20% operating
expenses.
A. 28%
B. 18%
C. 25%
D. $14
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Mathematics
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2021-08-09T07:01:38+00:00
2021-08-09T07:01:38+00:00 2 Answers
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Answers ( )
The answer is D, 14 percent
correct answer is $14 (D)