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A rod fishing supplies had sales of $2,460,000 and cost od goods sold for $1,310,000. Selling and admistrative expenses represented 14 percent of sales. Depreciation
A rod fishing supplies had sales of $2,460,000 and cost od goods sold for $1,310,000. Selling and admistrative expenses represented 14 percent of sales. Depreciation was 12 percent of the total assets of $4,930,000.
what was the firms operating profit?
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