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Tigger Corp. has reported the financial results for the year-ended 2006. Based on the information given, calculate the firm's gross profit margin and operating profit

Tigger Corp. has reported the financial results for the year-ended 2006. Based on the information given, calculate the firm's gross profit margin and operating profit margin. Round your final answers to one decimal place.

Net sales = $4,400,600 Net income = $692,500

Cost of goods sold = $2,831,450 EBIT = $1,380,090

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