Multiple Choice
Following is financial statement information for Rogex Corporation: net sales = $2,768; cost of goods sold = $1,210; depreciation = $360; interest expense = $160; taxes = $312; addition to retained earnings = $508; and dividends paid = $218. What is the net profit margin for Rogex?
A) 22.7%
B) 7.9%
C) 18.4%
D) 26.2%
Correct Answer:
Verified
Correct Answer:
Verified
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