Question
13. The Income Statement for Tiny Tykes Day Care reveals total revenues of $181,575 and
total expenses of $159,657. The profit margin for Tiny Tykes is
A. 87.9%.
B. 12.1%.
C. 1.2%.
D. impossible to determine from the information given.
The correct answer is B
14. What was the family’s balance a
total expenses of $159,657. The profit margin for Tiny Tykes is
A. 87.9%.
B. 12.1%.
C. 1.2%.
D. impossible to determine from the information given.
The correct answer is B
14. What was the family’s balance a
Answers
Ms. Sue
13. Right.
14. ????
14. ????