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Based on the information in financial statements for Emerson Corporation, the operating margin is Note: Round your intermediate and final answer to two decimal places.
Based on the information in financial statements for Emerson Corporation, the operating margin is Note: Round your intermediate and final answer to two decimal places. Emerson Corporation Assets: Cash Balance Sheet Accounts receivable Inventory Net fixed assets Total assets $250,000 450,000 500,000 2,100,000 $3,300,000 Sales (all credit) $8,000,000 Cost of goods sold Operating expense Income Statement Income taxes Net income (4,000,000) Interest expense (150,000) (2,900,000) (380,000) $570,000
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