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Regal Company reports the following: Net operating income $ 130,000 Average assets $ 1,000,000 Sales $ 600,000 Operating expenses $ 470,000 What is Regals Margin?
Regal Company reports the following:
Net operating income $ 130,000
Average assets $ 1,000,000
Sales $ 600,000
Operating expenses $ 470,000
What is Regals Margin?
A. 0.217
B. 0.6
C. 0.47
D. 0.277
E. 0.783
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