The Poole Company reported the following income for Year 2: Sales$34,500? Cost of goods sold 8900? Gross margin$25,600? Selling and administrative expense 10,900? Operating income$14,700? Interest expense 4900? Income before taxes$ 9800 Income tax expense 2940? Net income$ 6860 What is the company's net margin?
A. 19.88%
B. 42.61%
C. 28.41%
D. 74.20%
Answer: A
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While employed, an employee who has no restrictive employment contract with his employer may divulge secrets to a competitor
a. True b. False Indicate whether the statement is true or false