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Problem 1: If a company has projected revenues of $10 billion, a gross profit margin of 65%, and projected SG&A expenses of $2 billion, what is the company's operating (EBIT) margin?
A) 20%
B) 45%
C) 55%
D) 80%
ACC423 Intermediate Financial Accounting Assignment Help and Solution, University of Phoenix, USA. Prepare the journal entries for years 2015-2018
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