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-The Above Information Is Available for the Firm ILA Ltd,which

question 7

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 Item  Value as at 2010, in millions  Sales revenue 8.902 Operating revenue 9.360 Trading profit before interest and tax 5.360 Operating profit before interest and taxes 3.118 Interest expense 1.361 Operating profit after tax 0.360\begin{array}{|l|l|}\hline \text { Item } & \text { Value as at 2010, in millions } \\\hline \text { Sales revenue } & 8.902 \\\hline \text { Operating revenue } & 9.360 \\\hline \text { Trading profit before interest and tax } & 5.360 \\\hline \text { Operating profit before interest and taxes } & 3.118 \\\hline \text { Interest expense } & 1.361 \\\hline \text { Operating profit after tax } & 0.360 \\\hline\end{array}
-The above information is available for the firm ILA Ltd,which is listed on the Australian Stock Exchange.Calculate the trading profit margin for the firm.


Definitions:

Drawer

In banking and finance, refers to the party that writes and signs a check or draft, instructing their bank to pay a specified sum to the named party.

Calendar Days

All days in a month or year, including working days, weekends, and public holidays, considered without exception.

Dishonored

Pertains to a financial instrument, such as a check or bill of exchange, that has been presented for payment and rejected.

Regulation CC

refers to a federal regulation in the United States encompassing the Expedited Funds Availability Act, dictating how quickly banks must make deposited funds available.

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