How would you find the profit margin, net income, and residual income?
March 10th, 2010 | by admin |in this managerial accounting problem: http://i39.tinypic.com/21jd7xh.png
Net Income = Revenue – All Costs
Profit Margin = Net Income / Revenue
Residual Income = Net Income + Total Assets
One Response to “How would you find the profit margin, net income, and residual income?”
By Thomas on Mar 10, 2010 | Reply
Net Income = Revenue – All Costs
Profit Margin = Net Income / Revenue
Residual Income = Net Income + Total Assets
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