D Question 13 1 pts If the firm made total sales of $968 million (mn) in 2020, spent $121 mn on inputs and $52 mn on operating activities, and paid 29% of income taxes, what is its gross profit margin? 5- (your answer must be rounded off to the nearest %, i.e., no decimal places) • Previous Next

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Question 13
1 pts
If the firm made total sales of $968 million (mn) in 2020, spent $121 mn on inputs and $52 mn on
Tin
operating activities, and paid 29% of income taxes, what is its gross profit margin?
tt
56
(your answer must be rounded off to the nearest %, i.e., no decimal places)
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Transcribed Image Text:Question 13 1 pts If the firm made total sales of $968 million (mn) in 2020, spent $121 mn on inputs and $52 mn on Tin operating activities, and paid 29% of income taxes, what is its gross profit margin? tt 56 (your answer must be rounded off to the nearest %, i.e., no decimal places) • Previous Next
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