Use the data provided below for a company to answer questions 1-4. Revenues: $1.3...

80.2K

Verified Solution

Question

Finance

Use the data provided below for a company to answer questions 1-4.

  • Revenues: $1.3 billion
  • Gross profit: $520 million
  • Operating income: $380 million
  • Net income: $140 million
  • Average number of shares outstanding: 52 million

1. What is the company's gross margin? Answer in percent rounded to one decimal place.

2. What is the company's operating margin? Answer in percent rounded to one decimal place.

3. What is the company's net margin? Answer in percent rounded to one decimal place.

4. What is the company's EPS? Round to the nearest cent.

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