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Given the following income statement, calculate the Operating Profit Margin. Interpret the result. Includes calculations Your Awesome Business Name Income Statement For the Period Ended

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Given the following income statement, calculate the Operating Profit Margin. Interpret the result. Includes calculations Your Awesome Business Name Income Statement For the Period Ended December 31, 2019 REVENUE Sales Revenue Interest Income Gain/(Loss) on sale of assets Total Revenue $90,000 100 1000 $91,100 EXPENSES Marketing Utilities Insurance Rent Expense Wages & Salaries Interest Expense Total Expenses $5,000 1,750 3,000 24,000 25,000 750 $59,500 Profit before tax $31,600 6.400 Income Tax Expense $25,200 NET INCOME

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