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Which of the following is a correct interpretation of an operating margin of 0.35? For each $1 of sales the firm earns thirty five cents
Which of the following is a correct interpretation of an operating margin of 0.35?
For each $1 of sales the firm earns thirty five cents in net income. | ||
For each $1 of sales the firm earns thirty five cents before operating expenses. | ||
For each $1 of sales, thirty five cents fall to the bottom line. | ||
It takes sales of $1 to generate $35 in net profit after taxes. | ||
For each $1 of sales the firm earns thirty five cents in EBIT. |
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