Question
IHOP Inc. has total assets of $748.00 million, total debt of $478.00 million, and net sales of $273.00 million in the past year. Its net
IHOP Inc. has total assets of $748.00 million, total debt of $478.00 million, and net sales of $273.00 million in the past year. Its net profit margin for the past year is 10.00%, while the operating profit margin is 19.00%. What is IHOPs operating profit for the past year? (Answer in terms of millions, 1,000,000 would be 1.00)
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Illustrating Finance Policy With Mathematica
Authors: Nicholas L. Georgakopoulos
1st Edition
3319953710, 978-3319953717
