Shares outstanding of common stock = 1,000,000
Shares outstanding of preferred stock = 500,000
Market price of common stock = $18.
-The Operating Profit Margin is:
A) 13.6%
B) 37%
C) 60%
D) 16.2%

Question

Shares outstanding of common stock = 1,000,000 
Shares outstanding of preferred stock = 500,000 
Market price of common stock = $18.
-The Operating Profit Margin is:
A) 13.6% 
B) 37% 
C) 60% 
D) 16.2%

Quizplus · Accepted Answer

The Answer of  Shares outstanding of common stock = 1,000,000 
Shares outstanding of preferred stock = 500,000 
Market price of common stock = $18.
-The Operating Profit Margin is:
A) 13.6% 
B) 37% 
C) 60% 
D) 16.2%

Shares Outstanding of Common Stock = 1,000,000