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Last year a retailer had net sales that totaled $ 1 8 0 , 0 0 0 . The cost of goods sold was $

Last year a retailer had net sales that totaled $180,000. The cost of goods sold was $70,000. Operatung expenses were rent $4000, payroll $20,000, utilities $2000 and advertising $1200. Calculate the operating profit percentage

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