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Following is financial statement information for Rogex Corporation: net sales =$2,768; cost of goods sold =$1,210; depreciation =$360; interest expense =$160; taxes =$312; addition to

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Following is financial statement information for Rogex Corporation: net sales =$2,768; cost of goods sold =$1,210; depreciation =$360; interest expense =$160; taxes =$312; addition to retained earnings = $508; and dividends paid = $218. What is the net profit margin for Rogex? a. 22.7% b. 18.4% c. 26.2% d. 79%

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