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What are operating expenses and operating profits

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Reference no: EM132763065

Problem 1: ABCD Company has revenues of $15m, a gross profit margin of 60%, an operating profit margin of 30%, a net profit margin of 4%, and a total asset turnover of 1.5 times. What are its:

a. Gross profits

b. Cost of good sold

c. Operating profits

d. Operating expenses

e. Net income

f. Total assets

g. Return on assets

Reference no: EM132763065

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