safari File Eit View History BOUWh REVIEW VIDEOS - EXAM 2- 2018 Summer Term (4W1
ID: 1172643 • Letter: S
Question
safari File Eit View History BOUWh REVIEW VIDEOS - EXAM 2- 2018 Summer Term (4W1). Take Test: EXAM 1 Realty Shares, Inc. Year ended December 31 (Ia S millions) 2016 2015 Total sales Cost of Gross proft Selling, general, and (S00.2) (481.9) 1099 96.4 (40.5) (39.0) 24.6) (22.8) 3.6) (83) 412 31.3 experses Research and de Operating income Oher income Earnings before interest and taxes ERIT Intcrest income (expense) Pretax income Taxes Net income 41.2 313 (S.s) (53) 10.6 10.2 S16 1S Price per share Shares outstanding (millions) Stock options outstanding (millions) 03 0.2 Stockholdens' Equity 1266 61.6 Total Liabilities and Stockholders 533.1 386.7 statement above. Realty Share's operating margin for the year ending December 31, 2015 is closest to a. 1.8% b.27% c. 54% a 16.7% 3Explanation / Answer
The Answer is “ C. 5.4% “
Operating Margin = [ Operating Income / Total Sales ] x 100
= [ $31.3 Million / $578.30 Million ] x 100
= 5.4%
Hence, Realty Shares operating Margin for the year ending December 31, 2015 is closest to “ 5.4% ”
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