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A firm recently posted $4,000,000 in net income for the last 12 months. The firm also paid $900,000 in taxes, and $500,000 in interest. If

A firm recently posted $4,000,000 in net income for the last 12 months. The firm also paid $900,000 in taxes, and $500,000 in interest. If sales were reported at $10,000,000, what is the operating profit margin for the firm for the last 12 months?

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