Solution-Greatest total interest, They had interest expense

Greatest total interest

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Reference no: EM131959285

Sunny and Share, Inc. had net income of $250,000 with a net profit margin of 0.25 and a tax rate of 15%. They had interest expense of $30,000. Using this information, what was S&S's operating profit margin?

a. 12.00%

b. 21.25%

c. 26.41%

d. 29.41%

e. 32.41%

f. 19.28%

Which of the following terms provides the greatest TOTAL interest?

Select one:

a. 16.0% Annual Rate compounded annually for 1 year

b. 10.0% Annual Rate compounded monthly for 1.5 years

c. 7.5% Annual Rate compounded quarterly for 2 years

d. 5.5% Annual Rate compounded weekly for 2.5 years

e. 4.5% Annual Rate compounded daily for 3 years

Reference no: EM131959285

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Greatest total interest

Reference no: EM131959285

Reference no: EM131959285

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