Richard's sporting goods reports net income of $150,000, net sales of $520,000, and average assets of $1,600,000. the profit margin is:

28.8%

Explanation:

Profit margin = (Net income or profit / Net sales) X 100%

                      =( $150,000/ $520,000) x 100%

                       = 28.8%

answer; (inseparability);

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it