Solution-Evaluate the efficiency, Susan is a financial

Evaluate the efficiency

Reference no: EM131411818

Susan is a financial manager at Rvetz Corporation. She wants to evaluate the efficiency with which the company is using its resources. For this reason, she needs to calculate the operating margin from the information given below.

Net sales	$3,500,000
Cost of goods sold	1,750,000
Office rent	54,500
Selling expenses	350,000
Interest expense	50,000
Other operating expenses	88,500

Which of the following will be the result?

35.9%
38.4%
64.1%
85.9%

Reference no: EM131411818

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Evaluate the efficiency

Reference no: EM131411818

Reference no: EM131411818

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