Multiple Choice
Carrie is currently a full-time employee at a law firm, and she also makes and sells jewelry online in her personal time. She is trying to evaluate her side business in terms of financial measures. The online shop generated the following numbers on average per month: Sales, $4,316.00; Variable Costs, $1,809.00; and Fixed Costs, $762.00. Carrie sold 1,144 units per month. What is Carrie's annualized operating margin? (Round your answer to two decimal places.)
A) 40.36%
B) 40.43%
C) 58.09%
D) 82.34%
Correct Answer:
Verified
Correct Answer:
Verified
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