skater5118 skater5118
  • 08-02-2024
  • Business
contestada

The Acme Company reports the following data:
Sales80,000
Gross Margin 8,000
Operating Margin 3,000
Current Assets 300,000
Total Assets 450,000
What is Acme Company's Operating Income percentage?
A. 0.7%
B. 2.8%
C. 3.8%
D. 10.0%

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