Find the operating margin for Finns Fridges for both years
Find the operating margin for Finns’ Fridges for both years (you may assume that the net operating income is equal to the firm’s EBIT). Was there an increase or a decrease in the operating margin, and is this a good trend or a bad one?
Finns’ Fridges is a company created by twin brothers David and Douglas Finn, who rented small refrigerators to other students in their college dormitory. Use the following statements to answer the questions about Finns’Fridges.
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