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Category > Economics Posted 03 May 2017 My Price 9.00

Assume a companyAc€?cs Income Statement for a given period has the following entries:

Assume a companyAc€?cs Income Statement for a given period has the following entries:

Income Statement Data

Quarter 1

(in 000s)

Sales Revenues

$50,000

Production Costs

26,500

Delivery Costs

1,600

Marketing Costs

8,500

Administrative Expenses

2,000

Operating Profit

14,400

Net Interest

750

Income Before Taxes

13,650

Taxes

4,095

Net Income

$9,555
Based on the above income statement data, the company's operating profit margin and net profit margin are

26.8% and 18.5%.

19.1% and 10.4%.

28.8% and 19.1%.

24.8 and 6.4%.

53.0% and 17.1%.

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Status NEW Posted 03 May 2017 07:05 PM My Price 9.00

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