50. A company has the following account balances. What's the operating margin? Net sales $289,000...

50.1K

Verified Solution

Question

Finance

image
50. A company has the following account balances. What's the operating margin? Net sales $289,000 Operating expenses 85,000 Depreciation 4,500 Cost of goods sold 134,000 Interest expense 20,000 A. 17.3% B. 29.6% C. 21.1% D. 22.7%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students