What is the operating profit margin

Reference no: EM131932058

Question: Acme Products has Total revenues of $30 Million and a Net Profit Margin of 5%. The firm has $10 Million of debt outstanding for the year (at an interest rate of 8%). Acme's tax average tax rate is 25%. What is their Operating Profit Margin? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131932058

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