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Buffalo Industries reported the following items for the current year: Sales = $3173620; Cost of Goods Sold = $1444946; Depreciation Expense = $163767; Administrative Expenses

Buffalo Industries reported the following items for the current year: Sales = $3173620; Cost of Goods Sold = $1444946; Depreciation Expense = $163767; Administrative Expenses = $159544; Interest Expense = $26972; Marketing Expenses = $82612; and Taxes = $309516. Rogue's gross profit margin is equal to ____.

Instruction: Type your answer in the unit of decimal, and round to three decimal places. E.g., if your answer is 0.0106465 or 1.06465%, you should type ONLY the number .011, neither 0.0106465, 0.0106, nor 1.065. Otherwise, Blackboard will treat it as a wrong answer.

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