A Firm Has Net Sales of $65,000, Operating Expenses of $21,300

question 95

Multiple Choice

A firm has net sales of $65,000, operating expenses of $21,300, depreciation of $5,000, cost of goods sold of $36,500, and interest expense of $4,500. What is the operating margin?

• A)−2.8%
• B)2.6%
• C)3.4%
• D)9.2%
• E)10.3%

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Definitions:

GLOBE Model

A framework in organizational behavior that describes, understands, and predicts the impact of cultural variables on leadership and organizational processes across different nations.

Global Leadership

The ability to lead and manage effectively across cultures and international boundaries.

Organizational Behavior Effectiveness

The study of how individuals and groups act within organizations, aiming to improve organizational efficiency and effectiveness.

LMX Model

Stands for Leader-Member Exchange theory, focusing on the relationship between leaders and team members and how it impacts organizational outcomes.