If net income was $10,000,interest expense was $4,000,and taxes were $1,000,what is the operating profit margin if sales were $50,000?
A) 28%
B) 30%
C) 22%
D) 10%
E) 20%

Name: If net income was $10,000,interest expense was $4,000,and taxes were $1,000,what is the operating profit margin if sales were $50,000? A) 28% B) 30% C) 22% D) 10% E) 20%
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Question

Quizplus · Accepted Answer

Operating profit margin = 11ea7fdb_fc2d_d9eb_a768_8b6ad708f404_TB2902_11 Operating profit margin = 11ea7fdb_fc2d_d9ec_a768_cbb178f10a29_TB2902_11 = 30%

If Net Income Was $10,000,interest Expense Was $4,000,and Taxes Were