Following Is Financial Statement Information for Rogex Corporation: Net Sales

question 36

Multiple Choice

Following is financial statement information for Rogex Corporation: net sales = $2,768; cost of goods sold = $1,210; depreciation = $360; interest expense = $160; taxes = $312; addition to retained earnings = $508; and dividends paid = $218. What is the operating profit margin for Rogex?

• A)26.2%
• B)56.3%
• C)43.3%
• D)30.3%

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Definitions:

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The central government of a federation, which holds authority over matters not delegated to constituent regions or states, responsible for national policies and governance.

Progressive-Era Immigration

The period from the late 19th century to the early 20th century characterized by high levels of immigration to the United States, prompting significant social, political, and economic changes.

Industrial Expansion

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Socialist Party

A political party advocating for socialism, which includes the belief in social ownership, democratic control of the means of production, and the political ideology focused on social equality.