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D Question 1 1 pts Sneech Inc. has total assets of 1370. On the Income statement Sneech shows with Operating Profits of 379, Net Income of 87 and Revenues of 1450. What is Sneechs operating profit margin? Report your answer in 4 decimal places.

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Answer #1

Total Assets = 1370

Operating Profit = 379

Net Income = 87

Revenues = 1450

Operating Profit Margin = Operating profit / Revenues = 379/1450 = 0.2613

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