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An owner had a profit margin of 50,000 last year. She expects to recieve 1,168,000 from sponsorships this year with no additional expenses.What is the estimated profit margin for the upcoming year?
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Aug 17, 2019
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An owner had a profit margin of 50,000 last year. She expects to recieve 1,168,000 from sponsorships this year with no additional expenses.What is the estimated profit margin for the upcoming year?
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Ryancheung
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1168000 + 50000 = 1218000
1218000 will be his estimated profit margin for the upcoming year.
I hope it helped you!
Sajeed Kannoje
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Aug 21, 2019
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Sajeed Kannoje
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