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If Net Income Was $10,000,interest Expense Was $4,000,and Taxes Were

Question 5

Multiple Choice

If net income was $10,000,interest expense was $4,000,and taxes were $1,000,what is the operating profit margin if sales were $50,000?

A) 28%
B) 30%
C) 22%
D) 10%
E) 20%

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