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Business, 30.10.2019 00:31 MARTINASLACK299

Local co. has sales of $ 10.5 million and cost of sales of $ 6.4 million. its selling, general and administrative expenses are $ 460 comma 000 and its research and development is $ 1.1 million. it has annual depreciation charges of $ 1.2 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 $ 10.5 million and cost of sales of $ 6.4 million. its selling, general and a...
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