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Rogue Industries reported the following items for the current year: Sales = $ 3 , 0 0 0 , 0 0 0 ; Cost of

Rogue Industries reported the following items for the current year: Sales =$3,000,000; Cost of
Goods Sold =$1,500,000; Depreciation Expense =$170,000; Administrative Expenses =$150,000;
Interest Expense =$30,000; Marketing Expenses =$80,000; and Taxes =$300,000. Rogue's gross
profit margin is equal to
A)50.00%.
B)25.67%.
C)36.67%.
D)35.67%.
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