https://file.aiquickdraw.com/mathbot/file/1726665619344vmqye0mm.jpg

The question asks to calculate the operating profit margin for Green Apple Inc. for the year 2022, given the following financial data (in millions):

- **Revenue**: $350,000
- **Cost of Goods Sold (COGS)**: $210,000
- **Gross Profit**: $140,000
- **Operating Expenses**: $70,000
- **Net Income**: $50,000

The operating profit margin is calculated as:

\[
\text{Operating Profit Margin} = \frac{\text{Operating Profit}}{\text{Revenue}} \times 100
\]

Operating Profit is calculated by subtracting operating expenses from gross profit:

\[
\text{Operating Profit} = \text{Gross Profit} - \text{Operating Expenses} = 140,000 - 70,000 = 70,000
\]

Now, the operating profit margin is:

\[
\text{Operating Profit Margin} = \frac{70,000}{350,000} \times 100 = 20\%
\]

Thus, the operating profit margin for Green Apple Inc. is **20%**.

Let me know if you need further details or explanations.

Here are 5 related questions:
1. What is the significance of operating profit margin in financial analysis?
2. How does operating profit differ from net income?
3. What factors can impact the operating profit margin?
4. How would a change in COGS affect the operating profit margin?
5. How does operating profit margin compare with gross profit margin?

**Tip**: Operating profit margin focuses on core operational efficiency, excluding interest and taxes.

As the chief financial officer for Green Apple Inc., you are performing an analytical review of the operating financial performance of the company to assess the company’s financial health. You have the given financial data for the year 2022. What is the operating profit margin for Green Apple Inc. for the year 2022?

Learn how to calculate the operating profit margin for Green Apple Inc. in 2022, given financial data such as revenue of $350,000 million, gross profit of $140,000 million, and operating expenses of $70,000 million. This problem illustrates key financial concepts like operating profit margin and profit analysis.

Math Problem Statement

Solution

Ask a new question for Free

By Image

Math Problem Analysis

Mathematical Concepts

Formulas

Theorems

Suitable Grade Level

Related Recommendation