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What stark operating profit margin is equal to

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Reference no: EM132951171

Stark Industries reported the following items for the current year:

Cost of Goods Sold = $1,500,000

Sales = $3,000,000

Depreciation Expense = $170,000

Administrative Expenses = $150,000

Interest Expense = $30,000

Marketing Expenses = $80,000

Taxes = $300,000

Problem 1: Stark's operating profit margin is equal to

a. 36.67%

b. 25.67%

c. 50.00%

d. 34.67%

Reference no: EM132951171

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