1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
riadik2000 [5.3K]
2 years ago
9

Luther's Operating Margin for the year ending December 31, 2008 is closest to: Group of answer choices 0.5% 0.7% 5.4% 6.8%

Business
1 answer:
svlad2 [7]2 years ago
3 0

Answer:

the operating margin is 5.4%

Explanation:

The computation of the operating margin is shown below:

As we know that

Operating Margin = Operating Income ÷ Sales

= $31.3 ÷ $578.3

= 5.4%

Hence, the operating margin is 5.4%

It could be determined by dividing the operating income from the sales

You might be interested in
The sign on the shoe store door said: "Ninety-nine percent of our clients are satisfied customers!" They based this on the comme
Makovka662 [10]

Answer:

Option A

Explanation:

A biased sample is the one in which only that part of a lot is chosen as sample which works  with the decision desired. As for in the given case, the store chooses to receive a review from the customers who are happy.

A smiling face confirms that the person is happy with the store service.

Thus, when we provide them the comment card maximum feasibility is that they shall write back a positive comment about the store service.

In this manner if comment card is not provided to unhappy customers, the opinion formed is a biased opinion.

Final Answer

Only customers with happy faces are given an option to fill the comment card.

8 0
3 years ago
How does the existence of black market work against the intended purpose of rationing
zlopas [31]
Idk I don't know this question I'm not a 8th grader
5 0
3 years ago
You have been assigned the task of using the corporate, or free cash flow, model to estimate Petry Corporation's intrinsic value
Oxana [17]

Answer:

$40 million

Explanation:

The computation of stock price is shown below:-

For computing the stock price first we need to compute the firm value which is below:-

Firm value = Free cash flow-1 ÷ (Weighted average cost of capital - Growth rate)

= $70.0 million ÷ (10% - 5%)

= $70.0 million ÷ 5%

= $1,400 million

Stock price = (Firm value - Debt) ÷ Number of shares

= ($1,400 million - $200 million) ÷ 30 million

= $1,200 million ÷ 30 million

= $40 million

6 0
2 years ago
Why do you think companies felt that unions were "conspiracies that interfere with property rights"?
Dafna1 [17]
Companies felt that unions were conspiracies which interfere with property right because, unions usually challenge the employers about the working conditions of their workers and the manner the employers treat their workers; they fight for the rights of the worker. Because of this, employers usually do all they can to stop unions from forming.
7 0
3 years ago
WHICH PAIRS OF ANGLES IN THE FIGURE BELOW ARE VERTICAL ANGLES?
DochEvi [55]

A and D are the correct answers . You are welcome .

6 0
2 years ago
Other questions:
  • . The weak form of the EMH states that ________ must be reflected in the current stock price.A. all past information, including
    6·1 answer
  • At Spyglass Inc., a private eye firm, new hires are chosen with utmost care. The reputation of the company is to provide clients
    13·1 answer
  • If the returns on a stock index can be characterized by a normal distribution with mean 12% and standard deviation of 3%, the pr
    11·1 answer
  • Remote Company has developed a new universal remote that works with all cable, over the air and streaming channels. While the de
    11·1 answer
  • Mauve inc. purchased a global data collection and management system that provides detailed information about each of its custome
    8·1 answer
  • Grace manufactures and sells miniature digital cameras for exist330 each. 2,000 units were sold in May, and management forecasts
    15·1 answer
  • Waterway Industries provided the following information on selected transactions during 2021: Dividends paid to preferred stockho
    10·1 answer
  • John has the following transactions for the year: Cash received from sales of products $120,000 Cash paid for expenses (except r
    8·1 answer
  • Northern Wood Products is an all-equity firm with 17,500 shares of stock outstanding and a total market value of $357,000. Based
    5·1 answer
  • Profit maximization fails to provide an appropriate goal for financial managers because.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!