Worksheet # 2 Part 1 : Your company had $ 2 0 3 million in sales in
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Question:
Worksheet # Part : Your company had $ million in sales in and $ million in operating expenses, along with total assets of $ million and total debt of $ million. The operating profit margin was percent for the year. Construct the multistep income statement table below to answer these two questions. Table : points point per value
If the companys tax rate is percent and the interest rate on company debt is percent, what are the values of operating profit and net profit? Assume that this years interest expense must be paid in full on all outstanding debt. points
What are the gross and net profit margins? points
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