If net income was $12,000, interest expense was $6,000, and taxes were $2,000, what is the...
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If net income was $12,000, interest expense was $6,000, and taxes were $2,000, what is the operating profit margin if sales were $60,000? (Express your answer to one decimal place.) % If net income was $12,000, interest expense was $6,000, and taxes were $2,000, what is the operating profit margin if sales were $60,000? (Express your answer to one decimal place.) %
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To calculate the operating profit margin we need to subt... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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