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A-Rod Fishing Supplies had sales of $2,690,000 and cost of goods sold of $1,500,000. Selling and administrative expenses represented 17 percent of sales. Depreciation was
A-Rod Fishing Supplies had sales of $2,690,000 and cost of goods sold of $1,500,000. Selling and administrative expenses represented 17 percent of sales. Depreciation was 7 percent of the total assets of $4,630,000. What was the firm's operating profit? Operating profit
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