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Determining the operating profit margin for 2019

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In 2019 Snout and Smith, Inc. had a gross profit in $39,800 and sales in $90,000. S & S's operating expenses for 2019 were $10,700. Snout and Smith had no interest expense in 2019. Using this information, what was S & S's operating profit margin for 2019?

Reference no: EM132491811

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