Multiple Choice
A firm has net sales of $65,000, operating expenses of $21,300, depreciation of $5,000, cost of goods sold of $36,500, and interest expense of $4,500. What is the operating margin?
A) −2.8%
B) 2.6%
C) 3.4%
D) 9.2%
E) 10.3%
Correct Answer:
Verified
Correct Answer:
Verified
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