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Question 7 (1 point) A firm has net sales of $32,000,000, Cost of Goods Sold $14,500,000, Depreciation Expense of $2,500,000, Selling and Administrative Expenses of

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Question 7 (1 point) A firm has net sales of $32,000,000, Cost of Goods Sold $14,500,000, Depreciation Expense of $2,500,000, Selling and Administrative Expenses of $4,000,000, Interest Expense of $2,000,000, and an average tax rate of 20%. The firms Operating Margin is 34.4% 28.1% 22.5% 12.2%

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