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Kay Inc. had sales of $ 7 7 4 , 6 9 5 . Depreciation, General / Administrative Expenses, and COGS were $ 3 8

Kay Inc. had sales of $774,695. Depreciation, General/Administrative Expenses, and COGS were $38,195, $23,271, and $393,548, respectively. The company had interest expense of $22,028 and a tax rate of 21 percent. What is Kay's profit margin?

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