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

question 78

Multiple Choice

A firm has net sales of $65,000, operating expenses of $21,300, depreciation of $5,000, cost of goods sold of $37,000, and interest expense of $3,500. What is the operating margin?

• A) -2.8 percent
• B) 2.6 percent
• C) 4.9 percent
• D) 9.2 percent
• E) 10.3 percent

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Definitions:

Unethical Tactics

Strategies or behaviors that are morally wrong or against accepted standards of conduct, especially in a professional or business context.

Gender Bias

Prejudicial treatment or perceptions based on an individual's gender, often resulting in unequal opportunities and outcomes.

Machiavellian

Characterized by cunning, scheming, and unscrupulous behavior, especially in politics or in advancing one's career.

Con Artists

Individuals specializing in deceit or fraud to gain financial or personal advantages.