Use the table for the question(s)below.

-Refer to the income statement above.Luther's operating margin for the year ending December 31,2014 is closest to:
A)1.8%
B)2.7%
C)5.4%
D)6.8%
E)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 31,2014 is closest to:
A)1.8% 
B)2.7% 
C)5.4% 
D)6.8% 
E)16.7%

Quizplus · Accepted Answer

Operating margin is calculated as Operating Income divided by Revenue. Without the specific numbers from the income statement, the exact calculation can't be performed, but the correct answer is chosen based on the information provided in the question.

Use the Table for the Question(s)below