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A retail company TGT has sales of $1,120,000 and total costs of $955,000, including depreciation and interest expenses. The average tax rate is 27%. Total
A retail company TGT has sales of $1,120,000 and total costs of $955,000, including depreciation and interest expenses. The average tax rate is 27%.
Total assets are valued at $70,000 and total equity at $44,000.
What comes closest to the profit margin?
A retail company TGT has sales of $1,120,000 and total costs of $955,000, including depreciation and interest expenses. The average tax rate is 27%.
Total assets are valued at $70,000 and total equity at $44,000.
What comes closest to the profit margin?
15%
18%
8%
11%
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