Question: please help me with this the answears should be in preasntage help 1 1 1. 1 Local Co. has sales of $10.9 million and cost

please help me with this

the answears should be in preasntage

help

1 1 1. 1 Local Co. has sales of $10.9 million and cost of sales of $5.8 million. Its selling, general and administrative expenses are $470,000 and its research and development is $1.4 million. It has annual depreciation charges of $1.1 million and a tax rate of 35%. a. What is Local's gross margin? b. What is Locals operating margin? c. What is Local's net profit margin? 1 a. What is Local's gross margin? Locals gross margin is %. (Round to one decimal place.) b. What is Local's operating margin? Local's operating margin is %. (Round to one decimal place.) c. What is Local's net profit margin? Locals net profit margin is %. (Round to two decimal places.) 2 2 21 20 34 3

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