Multiple Choice
In 2018,Target Corp.reported sales of $71.9 billion,cost of goods sold of $51.1 billion,operating profit of $4.3 billion,and net income of $2.9 billion.Target has no preferred stock outstanding.It's operating profit margin that year was ________.
A) 20.7%
B) 8.4%
C) 4.0%
D) 6.0%
Correct Answer:
Verified
Correct Answer:
Verified
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