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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%
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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%

User Daniel Gray
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1 Answer

6 votes

Answer:

the operating margin is 5.4%

Step-by-step 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

Luther's Operating Margin for the year ending December 31, 2008 is closest to: Group-example-1
User Avtar Guleria
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