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Question 3 0 Kay Inc, had sales of $ 7 8 0 7 0 4 . Depreciation, General / Administrative Expenses, and COGS were $

Question 30
Kay Inc, had sales of $780704. Depreciation,
General/Administrative Expenses, and COGS were $23223,
$54936, and $370642, respectively. The company had interest
expense of $43651 and a tax rate of 21 percent. What is Kay's
profit margin?
36.92%
29.17%
37.73%
None of these options are correct
34.76%
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