If a company has projected revenues of 10 billion a gross


Question - If a company has projected revenues of $10 billion, a gross profit margin of 65%, and projected SG&A expenses of $2 billion, what is the company's operating (EBIT) margin?

A.55%

B.20%

C.80%

D.45%

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Accounting Basics: If a company has projected revenues of 10 billion a gross
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