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Question 26 10 pts At the end of 2018, Snoopy Stores Inc. announced it had sales of $2,300,000, incurred $800,000 in cost of goods sold.

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Question 26 10 pts At the end of 2018, Snoopy Stores Inc. announced it had sales of $2,300,000, incurred $800,000 in cost of goods sold. The company has also established that over the course of this year it had $900,000 in operating expenses including depreciation. Also, it paid $200,000 in interest expenses. The company is subject to a 22% tax rate. Calculate Snoopy Inc's 2018 gross profits, operating income (EBIT), and net income. Also, Compare the firm's operating margin and net profit margin with the industry averages, which currently are 20% (industry average operating margin) and 10% industry average NPM). Show your work for full credit. HTML Editor I g A - 2 IEE 1 XX, EE DT 12pt Paragraph O words

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