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A firm had the following income statement for last year, using these numbers calculate the Operating Profit Margin Ratio rounded 2 decimal points, do not
A firm had the following income statement for last year, using these numbers calculate the Operating Profit Margin Ratio rounded 2 decimal points, do not include the % sign.
Sales | $ 37,611 |
Less: COGS | 20,889 |
Gross Profit | 16,722 |
Less: Operating Exp | 11,483 |
Less: Depreciation | 1,575 |
Operating Profit (EBIT) | 3,664 |
Less: Interest Exp | 1,400 |
Earnings Before Taxes | 2,264 |
Less: Tax Exp | 475 |
Earnings After Taxes | $ 1,789 |
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