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Operating profit margin for 2019

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In 2019 Snout and Smith, Inc. had a gross profit of $41,500 and sales $110,000. S & S's operating expenses for 2019 were $14,200. Snout and Smith had no interest expense in 2019. Using this information, what was S & S's operating profit margin for 2019?

Reference no: EM132579720

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