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Business, 19.07.2019 05:00 TWell

Local co. has sales of $ 10.6 million and cost of sales of $ 5.6 million. its selling, general and administrative expenses are $ 550 comma 000 and its research and development is $ 1.1 million. it has annual depreciation charges of $ 1.3 million and a tax rate of 35 %. a. what is local's gross margin? b. what is local's operating margin? c. what is local's net profit margin? a. what is local's gross margin? local's gross margin is nothing%. (round to one decimal place.)

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Local co. has sales of $ 10.6 million and cost of sales of $ 5.6 million. its selling, general and a...
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