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Using the information in the Income Statement below, Donaldson's operating profit margin is Donaldson, Inc. Income Statement For the year ended December 31, 2019 Sales

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Using the information in the Income Statement below, Donaldson's operating profit margin is Donaldson, Inc. Income Statement For the year ended December 31, 2019 Sales $100,000 Cost of goods sold (70,000) Gross profit 30,000 Operating expenses (16,000) Depreciation (1.000) EBIT 13,000 Interest expense (500) EBT 12,500 Taxes (1.900) Net Income $10,600

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