A company has the following accounting information for the year. Revenue Cost of Goods Sold Operating Expenses Interest Expense Tax Expense 750 350 200 100 50 What is the operating margin? Input your answer correct to two decimal places. %

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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A company has the following accounting information for the year.
Revenue
Cost of Goods Sold
Operating Expenses
Interest Expense
Tax Expense
750
350
200
100
50
What is the operating margin? Input your answer correct to two decimal places.
%
Transcribed Image Text:A company has the following accounting information for the year. Revenue Cost of Goods Sold Operating Expenses Interest Expense Tax Expense 750 350 200 100 50 What is the operating margin? Input your answer correct to two decimal places. %
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