Ask Question
BusinessBusiness
11 March, 14:50

3 a laboratory has 4.2 million in revenues and 3.85 million in costs. what's its operating margin?

+5
Answers (1)
  1. 11 March, 15:12
    0
    The operating margin is the portion of the revenue of a company after paying all its costs (both variable cost and fixed cost). In this problem, you are given the revenue (4.2 million) and the cost (3.85 million). To solve the operating margin, you have to deduct the cost to the revenue. Therefore, the operating margin of the laboratory is 0.35 million (4.2 million - 3.85 million).
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “3 a laboratory has 4.2 million in revenues and 3.85 million in costs. what's its operating margin? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
To fully understand how taxes affect economic well-being, we must compare the a) consumer surplus to the producer surplus. b) price paid by buyers to the price received by sellers.
Answers (1)
Which strategy is effective for resolving a conflict with a team member who complains a lot? a. Move the team member to a different team that has a higher success rate. b.
Answers (1)
Scenario 1 Country A invested in reliable wireless Internet for most of its cities. As a result, more people and small businesses have access to high-speed Internet.
Answers (2)
dentify the basic internal control guidelines which should be in place to protect a business's cash by selecting the correct answers below. (Check all that apply.) Excess cash should be left in the bank to maintain liquidity.
Answers (1)
Maslow's hierarchy of needs assumes A) individuals are generally misinformed and need guidance from therapists B) individuals are generally good and committed to improving themselves C) individuals are generally animal-like and are primarily
Answers (1)
New Questions in Business
Rob purchased a standard whole life policy with a $500,000 death benefit when he was age 30. his insurance agent told him the policy would be paid up if he reached age 100. the present cash value of the policy equals $250,000.
Answers (1)
On June 1, Davis Inc. issued an $84,000, 5%, 120-day note payable to Garcia Company. Assume that the fiscal year of Garcia ends June 30.
Answers (2)
You invest $50,000 now and receive $10,000 per year for 15 years starting at the end of the first year.
Answers (1)
A high school currently require students to purchase a parking pass in order to park in the parking lot, but for the coming year they are considering letting all students park for free.
Answers (2)
An oligopolistic market structure is distinguished by several characteristics, one of which is a difficult entry. Which of the following are other characteristics of this market structure? Check all that apply. a. Market control by many small firms.
Answers (1)
Home » Business » 3 a laboratory has 4.2 million in revenues and 3.85 million in costs. what's its operating margin?
Sign Up Forgot Password?