Question: Beta Services operates with the following information for the current year: Revenue: $500,000 Cost of goods sold: $150,000 Selling expenses: $50,000 General and administrative expenses:

  • Beta Services operates with the following information for the current year:
    • Revenue: $500,000
    • Cost of goods sold: $150,000
    • Selling expenses: $50,000
    • General and administrative expenses: $30,000
  • Requirements:
    1. Calculate Beta Services' gross profit.
    2. Determine the operating income.
    3. Calculate the operating profit margin.
    4. Analyze the net profit margin.
    5. Determine the return on assets (ROA).

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