in operating profit margin, answer sheet have used 32%
i'm just checking whether the method i have gotten 32% is the same as the answer sheet since it didn't provided detail working to get 32%.
Y1 = 5169/16146 = 32%
Y0 = 5074/15229 = 33%
X9 = 4243/14491 = 29%
X8 = 4530/13559 = 33%
sum of those four and divided by 4 is 31.75 = 32%.
is it the way the answer sheet have got the answer ?
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7y ago#1The examiner has not said how he arrived at 32%.
What you have done is fine, although better would have been to divide the total operating profit for the 4 years by the total revenue.
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