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Please answer both 10 & 11 Question 10 3 pts Reginald Industries reported the following items for the current year: Sales = $6,000,000; Cost of
Please answer both 10 & 11
Question 10 3 pts Reginald Industries reported the following items for the current year: Sales = $6,000,000; Cost of Goods Sold = $3,000,000; Depreciation Expense = $340,000; Administrative Expenses = $300,000; Interest Expense = $60,000; Marketing Expenses = $160,000; and Taxes = $600,000; Reginald's operating profit margin is equal to C25.67% C 35.67% C 36.67% C 50.00% Question 11 3 pts Jones Sign Company has sales of $8,000,000; the firm's cost of goods sold is $5,000,000; and its total operating expenses are $1,200,000. The firm's interest expense is $500,000, and the corporate tax rate is 40%. What is Jones Sign Company's net incomeStep by Step Solution
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