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Net sales total $350m. NOPBT is $99 million. Nonoperating expenses are $20m and total tax expense is $16m. The statutory tax rate is 21%. What

Net sales total $350m. NOPBT is $99 million. Nonoperating expenses are $20m and total tax expense is $16m. The statutory tax rate is 21%. What is Profit Margin (or ROS)? O 23.71% 28.29% O 18.00% O 22.57%

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