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A-Rod Fishing Supplies had sales of $2,500,000 and cost of goods sold of 1,710,000. Selling and administrative represented 10 percent of sales. Depreciation was 6
A-Rod Fishing Supplies had sales of $2,500,000 and cost of goods sold of 1,710,000. Selling and administrative represented 10 percent of sales. Depreciation was 6 percent of the total assets of 4,680,000. What was the firm's operating profit?
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