Multiple Choice
An extract from Henman Ltd's accounts is given below:
Which of the following statements is true?
A) Henman Ltd made a gross profit margin of 40% and an operating profit margin of 15%.
B) Henman Ltd made a gross profit margin of 60% and an operating profit margin of 15%.
C) Henman Ltd made a gross profit margin of 40% and an operating profit margin of 25%.
D) Henman Ltd made a gross profit margin of 60% and an operating profit margin of 25%.
Correct Answer:
Verified
Correct Answer:
Verified
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