Use the table for the question(s)below.

-Refer to the income statement above.Luther's operating margin for the year ending December 31,2005 is closest to:
A)1.8%
B)2.7%
C)5.4%
D)16.7%

Question

Use the table for the question(s)below.
 
-Refer to the income statement above.Luther's operating margin for the year ending December 31,2005 is closest to:
A)1.8% 
B)2.7% 
C)5.4% 
D)16.7%

Quizplus · Accepted Answer

Operating margin is calculated as operating income divided by revenue. Without the specific figures from the income statement, the closest percentage provided is 5.4%.

Use the Table for the Question(s)below