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How much did the company pay in other operating expenses

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Reference no: EM132889407

Problem 1: Company A makes an operating profit margin of 5 % on sales of R2.5 million. Company B has sales that are 20% higher than Company A and achieves an operating profit margin of 3.5%. Which company makes the highest operating profit?

Select one:

a. Company A
b. Company B
c. Not possible to calculate
d. Both make the same operating profit

Problem 2: The income statement of ABL shows other operating expenses of R30 million; prepaid insurance expense increased by R4 million; and accrued utilities payable decreased by R7 million. How much did the company pay in other operating expenses?

Select one:

a. R27 million
b. R41 million
c. R33 million
d. R19 million

Reference no: EM132889407

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