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I need help ASAP! I need the correct answer please n thanks A firm recently posted $2,000,000 in net income for the last 12 months.
I need help ASAP! I need the correct answer please n thanks A firm recently posted $2,000,000 in net income for the last 12 months. The firm also paid $800,000 in taxes, and $600,000 in interest. If sales were reported at $10,000,000, what is the operating profit margin for the firm for the last 12 months? 4.00% 20.00% 36.00% 6.00% 34.00%
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