A-rod fishing supplies had sales of 2840000 and cost of, Financial Management

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A-rod fishing supplies had sales of 2840000 and cost of

Operating profit [LO1] A-Rod Fishing Supplies had sales of $2,840,000 and cost of goods sold of $1,760,000. Selling and administrative expenses represented 16 percent of sales. Depreciation was 8 percent of the total assets of $4,420,000. What was the firm’s operating profit? Operating profit $ References Worksheet

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