Question
In finding the current year operating profit margin -- why does Chegg's include Net Profit? My homework is always WRONG/INCORRECT when I follow this process.
In finding the current year operating profit margin --
why does Chegg's include Net Profit? My homework is always WRONG/INCORRECT when I follow this process.
Ex: per Chegg
Net Profit = Operating Profit - Interest - Depreciation- Taxes = 99715 - 16757-22948 - 19158 = $40852
Net Profit Margin = Net Profit/ Sales = 40852/338955 = 12.05%?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Principles Of Project Finance
Authors: E. R. Yescombe
2nd Edition
0123910587, 9780123910585
