Aakash Tech Ltd. has projected revenues of $12 billion, a gross profit margin of 60%, and projected SG&A expenses of $3 billion. What is the company's operating (EBIT) margin?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter2: Financial Statements, Cash Flow, And Taxes
Section2.8: Performance Evaluation
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Operating margin?

Aakash Tech Ltd. has projected
revenues of $12 billion, a gross
profit margin of 60%, and
projected SG&A expenses of $3
billion. What is the company's
operating (EBIT) margin?
Transcribed Image Text:Aakash Tech Ltd. has projected revenues of $12 billion, a gross profit margin of 60%, and projected SG&A expenses of $3 billion. What is the company's operating (EBIT) margin?
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