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Homework: Chapter 2 HW Part 1 of 3 O Points: 0 of 1 Save Local Co. has sales of $10.0 million and cost of sales of $6.0
Posted: Tue Jan 18, 2022 1:01 pm
by answerhappygod
- Homework Chapter 2 Hw Part 1 Of 3 O Points 0 Of 1 Save Local Co Has Sales Of 10 0 Million And Cost Of Sales Of 6 0 1 (28.84 KiB) Viewed 52 times
Homework: Chapter 2 HW Part 1 of 3 O Points: 0 of 1 Save Local Co. has sales of $10.0 million and cost of sales of $6.0 million. Its selling, general and administrative expenses are $500,000 and its research and development is $10 million. It has annual depreciation charges of $1.0 million and a tax rate of 25% a. What is Local's gross margin? b. What is Local's operating margin? c. What is Local's net profit margin? a. What is Locals gross margin? Local's gross margin is I % (Round to one decimal place.)