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Starbucks Corporation operates a chain of coffeehouses globally. For the quarter ended March 31, 20X0, the company reported the following financial data: Total revenue: $10,000,000
· Starbucks Corporation operates a chain of coffeehouses globally. For the quarter ended March 31, 20X0, the company reported the following financial data:
- Total revenue: $10,000,000
- Cost of goods sold: $4,000,000
- Selling and administrative expenses: $2,500,000
- Other operating expenses: $1,500,000
- Income tax expense: $1,000,000 Calculate the company's net income, gross profit margin, operating income, and net profit margin.
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