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
Problem 1ST
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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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