Question
Key: Operating income (OI) = Cross Profit (GP) less Operating Expenses (OPEX) Operating Margin % = Operating Income / Net Sales, measures profitability of the
Key: Operating income (OI) = Cross Profit (GP) less Operating Expenses (OPEX)
Operating Margin % = Operating Income / Net Sales, measures profitability of the business after accounting for all costs.
Your Department has been tasked to save $500k in overtime. How much Net Sales and how many additional cases would it take to cover $500k and maintain a 10% operating Margin% ?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
