Question
If operating income (EBIT) was $15,000, net income was $10,000, interest expense was $4,000, and taxes were $1,000, what is the operating profit margin if
If operating income (EBIT) was $15,000, net income was $10,000, interest expense was $4,000, and taxes were $1,000, what is the operating profit margin if sales were $50,000? A) 28% B) 30% C) 22% D) 10% E) 20%
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Fundamentals of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
5th edition
205989756, 978-0205989751
