Calculate gross profit margin

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In looking at Chacko? Inc.'s income statement you find the? following: sales of? $52,000,000; income tax of? $1,880,000; operating expenses of? $9,000,000; cost of goods sold of? $36,000,000; and interest expense of? $800,000. Given this? information, calculate Chacko? Inc.'s gross profit margin.

Reference no: EM131575474

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