Question
X Co. has the following information: Sale $ 1,200,000 Cost of sales $800,000 Operating expenses $200,000 current liabilities $120,000 Non-current liabilities $200,000 share capital $
X Co. has the following information:
Sale $ 1,200,000
Cost of sales $800,000
Operating expenses $200,000
current liabilities $120,000
Non-current liabilities $200,000
share capital $ 500,000
Retained earnings $ 300,000
the operating margin ratio is
a.
3 x
b.
34%
c.
17%
d.
20%
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
