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Your firm has the following income statement items: sales of $68,862,794; tax expenses of $425,424; operating expenses of $11,929,783; cost of goods sold of $34,159,845
Your firm has the following income statement items: sales of $68,862,794; tax expenses of $425,424; operating expenses of $11,929,783; cost of goods sold of $34,159,845 ; and interest expense of $262,749. What is the profit margin for your firm?
Please round your answer to the second decimal. E.g. 0.00
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