Multiple Choice
A venture has net sales of $400,000,cost of goods sold of $200,000,operating expenses (selling,general,and administrative) of $100,000,and interest expenses of $50,000.What is the operating profit margin?
A) 50.0%
B) 75%
C) 25%
D) 40%
Correct Answer:
Verified
Correct Answer:
Verified
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