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 net profit margin is equal to

A. 50.00%.

B. 25.67%.

C. 35.67%.

D. 36.67%.

2. A corporation's operating profit margin is equal to

• A. EBIT divided by net income.
• B. EBIT divided by sales.
• C. sales divided by EBIT.
• D. net income divided by sales.