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DEFInc.reportedthefollowingfinancialinformationfortheyearendedDecember31st, 2023: Totalrevenue:$500,000 Costofgoodssold:$250,000 Operatingexpenses:$100,000 Interestexpense:$20,000Calculate:a)Grossprofitmargin.b)Operatingprofitmargin. Netprofitmargin.d)Returnonassets(ROA).
DEF Inc. reported the following financial information for the year ended December 31st, 2023:
Total revenue: $500,000
Cost of goods sold: $250,000
Operating expenses: $100,000
Interest expense: $20,000 Calculate: a) Gross profit margin. b) Operating profit margin.
Net profit margin. d) Return on assets (ROA).
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
7th edition
