Question: Need help with 5 & 6 luestion 5 (8 points) Sales = $1,000,000 Cost of Goods Sold = $550,000 Operating Income = $250,000 Net Income

Need help with 5 & 6

luestion 5 (8 points) Sales = $1,000,000 Cost of Goods Sold = $550,000 Operating Income = $250,000 Net Income = $125,000 Number of shares = 62,500 Stock Price = $30 per share What is the Gross Profit Margin? O 12.5% 0 45% Q 25% Q 55% Question 6 (8 points) Sales = $1,000,000 Cost of Goods Sold = $550,000 Operating Income = $250,000 Net Income = $125,000 Number of shares = 62,500 Stock Price = $30 per share What is the profit margin? 0 25%

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