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Straw Corp has an operating profit of $120 million produced from $980 million in sales. If Straw has no interest expense and currently pays 35%

Straw Corp has an operating profit of $120 million produced from $980 million in sales. If Straw has no interest expense and currently pays 35% of its operating profits in taxes. Strav has no preferred stocks. then what is Straws net profit margin?

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