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4 IHOP Inc. has total assets of $741.00 million, total debt of $416.00 million, and net sales of $213.00 million in the past year.
4 IHOP Inc. has total assets of $741.00 million, total debt of $416.00 million, and net sales of $213.00 million in the past year. Its net profit margin for the past year is 10.00%, while the operating profit margin is 19.00% What is IHOP's operating profit for the past year? (Answer in terms of millions, 1,000,000 would be 1.00) Submit Answer format: Currency: Round to: 2 decimal places.
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
