A company has the following financial information for the year ending December 31, 2022:

Total revenue: $850,000

Cost of goods sold: $200,000

Operating expenses: $140,000

Interest expense: $17,000

Depreciation expense: $20,000

Calculate:

1. gross profit

2. operating profit

3.net profit

4. gross profit margin

5.operating profit margin

6.net profit margin.

Answer rating: 100% (QA)

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