Rouge 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 gross profit margin is equal to ?

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Okay lets solve this stepbystep Sales 3000000 Cost of Goods Sold 1500000 To calculate gross ... View the full answer