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Explain Answer 5. A firm has net income of S500,000 nd sales of S2.900,000. Its interest expense is $40,000, and the firm's tax rate is

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5. A firm has net income of S500,000 nd sales of S2.900,000. Its interest expense is $40,000, and the firm's tax rate is 40%. Its operating profit margin is a. b. c. d. 17.2% 44.5% 41.7% 28.7% 30.1%

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