Question:

Accounting question I need help with this problem?

by Guest56858  |  earlier

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gaynor corporation's partial income statement follows:

operating revenues $700,000

interest revenue revenue 50,000

selling expenses 360,800

general and administrative expenses 275,000

determine the profit margin. would you consider investing in gaynor corporations? explain your answer.

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1 ANSWERS


  1. Profit Margin would be 114200. If this is all they got then no. Sounds like a penny stock to me.

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