Use the 5 Factor ROE Model Excel workbook provided in Module 1, lesson 2.3 to calculate the ROE and Operation Profit Margin.
If...
Net Income = $156,398
EBT Earnings Before Tax = $32,356
EBIT Earning Before Interest & Tax = $41,330
Net Sales = $1,207,654
Total Assets = $900,000
Total Equity = $183,970
What is Operating Profit Margin?
a.0.03 or 3%
b. 0.17 or 17% c.0.13 or 13% d.0.85 or 85%