Dean Corporation reported net income $58000 net sales $500000 and average assets $800000 for 2017. The 2017 profit margin was:

A) 5.8%.
B) 11.6%.
C) 62.5%.
D) 160%.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, showing the profitability of a company.

Net Income

The total earnings of a company after subtracting all expenses, including taxes, from its total revenues.

Average Assets

A financial measure used to calculate the average total assets a company has had at its disposal over a certain period, often used in evaluating asset efficiency and ROI calculations.