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A firm has net income of $250,000 and sales of $12,000,000. Its interest expense is $300,000 and the firm's tax rate is 35%. Assuming this

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A firm has net income of $250,000 and sales of $12,000,000. Its interest expense is $300,000 and the firm's tax rate is 35%. Assuming this firm paid a dividend of $100,000, its operating.profit margin (as a percent rounded to 1 decimal place) is: 9.3% 7.0% 5.7% There is not enough information provided to answer this question. 10.1% 6.9%

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