Sunny and Share, Inc. had net income of $250,000 with a net profit margin of 0.25 and a tax rate of 15%. They had interest expense of $30,000. Using this information, what was S&S's operating profit margin?
a. 12.00%
b. 21.25%
c. 26.41%
d. 29.41%
e. 32.41%
f. 19.28%
Which of the following terms provides the greatest TOTAL interest?
Select one:
a. 16.0% Annual Rate compounded annually for 1 year
b. 10.0% Annual Rate compounded monthly for 1.5 years
c. 7.5% Annual Rate compounded quarterly for 2 years
d. 5.5% Annual Rate compounded weekly for 2.5 years
e. 4.5% Annual Rate compounded daily for 3 years