Question
Net Income of $190,000 with a net profit margin of 0.35 and a tax rate of 15%. Interest expense of $50,000. What is the operating
Net Income of $190,000 with a net profit margin of 0.35 and a tax rate of 15%. Interest expense of $50,000. What is the operating profit margin?
50.39% - 24.31% - 26.32% - 31.97% - 41.18% - 29.75% - 46.28% - 49.03%
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Public Finance and Public Policy
Authors: Jonathan Gruber
5th edition
1464143331, 978-1464143335
