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2020 2019 General and administrative expenses 21,600 24,000 Interest expense 1,500 1,500 Net sales $136,400 $138,000 Selling Expense 11.660 $1.023.0 12,720 Income taxes 5.230 95.000 99.000 770 COGS Gain on Sale of land 450 1. What is the operating profit margin for the company over the years 2020 and 2019 respectively?"

2020 2019 General and administrative expenses 21,600 24,000 Interest expense 1,500 1,500 Net sales $136,400 $138,000 Selling Expense 11.660 $1.023.0 12,720 Income taxes 5.230 95.000 99.000 770 COGS Gain on Sale of land 450 1. What is the operating profit margin for the company over the years 2020 and 2019 respectively?"

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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JUmoFzSg/form Response?pli=1 Income Statement: The income statement of Fairoz store Inc. is given for the years 2020 & 2019. 2020 2019 General and administrative expenses 21,600 1,500 24,000 1,500 Interest expense Net sales $136.400 $138,000 Selling Expense 11.660 12,720 Income taxes $1.023.0 5,230 COGS 99.000 95,000 Gain on Sale of land 770 450 1. What is the operating profit margin for the company over the years 2020 and 2019 respectively?"
Transcribed Image Text:JUmoFzSg/form Response?pli=1 Income Statement: The income statement of Fairoz store Inc. is given for the years 2020 & 2019. 2020 2019 General and administrative expenses 21,600 1,500 24,000 1,500 Interest expense Net sales $136.400 $138,000 Selling Expense 11.660 12,720 Income taxes $1.023.0 5,230 COGS 99.000 95,000 Gain on Sale of land 770 450 1. What is the operating profit margin for the company over the years 2020 and 2019 respectively?"
99,000 95,000 Gain on Sale of land 770 450 1. What is the operating profit margin for the company over the years 2020 and 2019 respectively? * ま A) 27.4%, 31. 1% O B) 3%, 4. 5% O C) 1.7%, 2.6% D) 1.9%, 3 4% E) None of the above
Transcribed Image Text:99,000 95,000 Gain on Sale of land 770 450 1. What is the operating profit margin for the company over the years 2020 and 2019 respectively? * ま A) 27.4%, 31. 1% O B) 3%, 4. 5% O C) 1.7%, 2.6% D) 1.9%, 3 4% E) None of the above
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