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At the end of 2018, Snoopy Stores Corp. announced that it is subject to a 30% tax rate and it had a net revenue of

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At the end of 2018, Snoopy Stores Corp. announced that it is subject to a 30% tax rate and it had a net revenue of $160 million. The firm had $54 million in cost of goods sold, $46 million in operating expenses from which $6 million are depreciation expenses. Snoopy Stores Corp. had $10 million in interest expenses during the year. Prepare Snoopy Stores' income statement for the year 2018 and calculate Operating profit margin and net profit margin

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