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consider the following information about company apple and company blue. both have the same annual sales and the same tax rate. both companies have outstanding
consider the following information about company apple and company blue. both have the same annual sales and the same tax rate. both companies have outstanding debt.
company apple
gross margin: 60%
operating margin: 48%
net margin: 34%
company blue
gross margin: 60%
operating margin: 58%
net margin: 34%
which of the following statements is true when comparing the two companies.
a) company apple has a higher cost of goods sold, the same operating expenses, and lower interest expense
b) company apple has the same cost of goods sold, lower operating expenses, and higher interest expense
c) company apple has the same cost of goods sold, higher operating expenses, and lower interest expense
d) company apple has higher cost of goods sold, higher operating expenses, and lower interest expense
e) company apple has the same cost of goods sold, higher operating expenses, and higher interest expense
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