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A-Rod Fishing Supplies had sales of $2,150,000 and cost of goods sold of $1,500,000. Selling and administrative expenses represented 10 percent of sales. Depreciation was
A-Rod Fishing Supplies had sales of $2,150,000 and cost of goods sold of $1,500,000. Selling and administrative expenses represented 10 percent of sales. Depreciation was 5 percent of the total assets of $4,410,000. What was the firms operating profit
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