How would you find the profit margin, net income, and residual income?
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
Net Income = Revenue – All Costs
Profit Margin = Net Income / Revenue
Residual Income = Net Income + Total Assets
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