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; A dministrative

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 OPERATING PROFIT MARGIN is equal to???

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