Operating profit margin is impacted by sales and all operating expenses except cost of goods sold.

Name: Operating profit margin is impacted by sales and all operating expenses except cost of goods sold.
Brand: Quizplus
Rating: 4.8 (44 reviews)

Question

Quizplus · Accepted Answer

Operating profit margin is impacted by sales and all operating expenses, including cost of goods sold, as it measures the proportion of revenue that remains after paying for variable costs of production like wages, raw materials, etc.

Operating Profit Margin Is Impacted by Sales and All Operating