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 = $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 Sf Select one: 8. 36.67% b. S0.00% C. 25.67% d. 35.6796
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