Please refer to Table 4-1 for the following questions.
Table 4-1
Stewart Company
Balance Sheet

-Based on the information in Table 4-1,the operating profit margin is
A) 47.5%.
B) 37.5%.
C) 26.4%.
D) 32.8%.

Question

Please refer to Table 4-1 for the following questions.
Table 4-1
Stewart Company
Balance Sheet
 
-Based on the information in Table 4-1,the operating profit margin is
A) 47.5%. 
B) 37.5%. 
C) 26.4%. 
D) 32.8%.

Quizplus · Accepted Answer

Operating profit margin = Operating profit/Sales= 1,000/2,100= 47.6% (rounded to 47.5%)

Please Refer to Table 4-1 for the Following Questions