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Use the following information to answer the questions: Line item Value Sales 84,000 - Operating expenses 68,880 - Depreciation 2,000 = EBIT 13,120 - Interest
Use the following information to answer the questions:
| Line item | Value |
| Sales | 84,000 |
| - Operating expenses | 68,880 |
| - Depreciation | 2,000 |
| = EBIT | 13,120 |
| - Interest | 800 |
| = Taxable income | 12,320 |
| - Taxes | 4,066 |
| = Net income | 8,254 |
What is the profit margin (aka net profit margin)?
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Investment Risk Management
Authors: Yen Yee Chong
1st Edition
0470849517, 9780470849514
