Question
14! I need the answer and explanation! thank you A firm has sales of $915,000.00, cost of goods of $394,120.00, selling and administrative expense of
14! I need the answer and explanation! thank you A firm has sales of $915,000.00, cost of goods of $394,120.00, selling and administrative expense of $97,510.00 and depreciation and amortization expense of $52,270.00. What is the gross profit margin for the firm? Answer format: Percentage Round to: 2 decimal places (Example: 9.24\%, \% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) A firm has sales of $915,000.00, cost of goods of $394,120.00, selling and administrative expense of $97,510.00 and depreciation and amortization expense of $52,270.00. What is the operating profit margin for the firm? Answer format: Percentage Round to: 2 decimal places (Example: 9.24\%, \% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) IHOP Inc. has total assets of $743.00 million, total debt of $486.00 million, and net sales of $287.00 million in the past year. Its net profit margin for the past year is 10.00%, while the operating profit margin is 17.00%. What is IHOP's net income for the past year? (Answer in terms of millions, 1,000,000 would be 1.00 ) Answer format: Currency: Round to: 2 decimal places
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