Answered step by step
Verified Expert Solution
Question
1 Approved Answer
. A company has the following account balances. What's the operating margin? Net sales $289,000 Operating expenses 85,000 Depreciation 4,500 Cost of goods sold 134,000
. A company has the following account balances. What's the operating margin? Net sales $289,000 Operating expenses 85,000 Depreciation 4,500 Cost of goods sold 134,000 Interest expense 20,000 A. 21.1% B. 29.6% C. 22.7% D. 17.3%
. A company has 460,000 shares outstanding. The firm paid out $425,000 in dividends, $300,000 in interest, and added $455,000 to retained earnings for the year. What's the amount of earnings per share? A. $0.92 B. $1.91 C. $2.57 D. $1.64
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started