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Question
Following is financial statement information for Rogex Corporation: net sales = $2,768; cost of goods sold = $1,210; depreciation = $360; interest expense = $160; taxes = $312; addition to retained earnings = $508; and dividends paid = $218. What is the gross profit margin for Rogex?
a. 26.2%
b. 30.3%
c. 43.3%
d. 56.3%
Answer
This answer is hidden. It contains 1 characters.
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