If Net Sales is Tk. 1,20,000. Net Profit is Tk. 48,000 and Average Asset is Tk. 150,000 then which of the following is the Net Profit Margin

If Net Sales is Tk. 1,20,000. Net Profit is Tk. 48,000 and Average Asset is Tk. 150,000 then which of the following is the Net Profit Margin Correct Answer 40%

নিট লাভ অনুপাত ( net profit ratio) = নিট মুনাফা / নিট বিক্রয় = ৪৮, ০০০/১, ২০, ০০০ × ১০০% = ৪০%
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In a recent year, Windsor's Boat's reported an asset turnover ratio of 2.46 times and a profit margin of 19.8% . In the same year, Sarah's Sail Boats reported an asset turnover ratio of 1.27 times and a profit margin of 9.9% . Which of the following statements is false ?