Alexisgonzalez6916 Alexisgonzalez6916
  • 02-05-2024
  • Business
contestada

A company reported the following financial data.
Sales $2,000,000
Cost of goods sold 800,000
Operating expenses 400,000
Interest expense 200,000
Income tax 300,000

The company's operating profit margin percentage is
a. 15%
b. 40%
c. 80%
d. 30%

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