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Given the following information: Hasbro, Inc. Income Statement (amounts in millions) Sales $2,856 Cost of Goods Sold -1,223 Selling and Administrative Expenses: Advertising -291 Research
Given the following information:
Hasbro, Inc. Income Statement (amounts in millions) | |
Sales | $2,856 |
Cost of Goods Sold | -1,223 |
Selling and Administrative Expenses: | |
Advertising | -291 |
Research and Development and Royalties | -126 |
Other Selling and Administrative | -1,016 |
Interest Expense | -104 |
Income Tax Expense | -34 |
Net Income | $62 |
the net profit margin (return on sales) for Hasbro equals
- A.
2.2%
- B.
3.4%
- C.
42.8%
- D.
57.2%
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