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Sunset Corp has an operating profit of $1,200 produced from $9,800 in sales. If Sunset has no interest expense and currently pays 35% of its

Sunset Corp has an operating profit of $1,200 produced from $9,800 in sales. If Sunset has no interest expense and currently pays 35% of its operating profits in taxes $420 and $200 per year in preferred dividends, then what is Sunset's net profit margin?

A.7.96%

B. 5.92%

C.6.50%

D. 10.20%

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