Question: Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Goods Sold = $1,500,000; Depreciation Expense = $170,000; Administrative Expenses

Rogue Industries reported the following items for the current year: Sales

Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Goods Sold = $1,500,000; Depreciation Expense = $170,000; Administrative Expenses = $150,000; Interest Expense $30,000; Marketing Expenses = $80,000; and Taxes = $300,000. Rogue's net profit margin is equal to Select one: a. 25.67% o b. 36.67%. C. 35.67%. d. 50.00%

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