Which of the following is not a driving force of the operating profit margin?
A)The amount of leverage a firm uses
B)Cost of goods sold
C)General and administrative expenses
D)The unit price of product sold

Question

Quizplus · Accepted Answer

The amount of leverage a firm uses affects its financial structure and interest expenses, not directly its operating profit margin. Operating profit margin is influenced by factors directly related to the operations such as cost of goods sold, general and administrative expenses, and the unit price of products sold.

Which of the Following Is Not a Driving Force of the Operating