Answer
34.5 percent
Work Step by Step
$P= (R-C)/R$
32.5 billion revenue, 21.3 billion cost of goods sold
$P= (32.5-21.3)/32.5$
$P = 11.2/32.5$
$P = .3446$
Algebra: A Combined Approach (4th Edition)
by Martin-Gay, Elayn
Published by
Pearson
ISBN 10:
0321726391
ISBN 13:
978-0-32172-639-1
Chapter 7 - Section 7.1 - Simplifying Rational Expressions - Exercise Set - Page 492: 86
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