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Bubble Corp. has an operating profit of 1,200 produced from $20,000 in total assets

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January 6th, 2018

Bubble Corp. has an operating profit of 1,200 produced from $20,000 in total assets. If Bubble Corp. has no interest expense and currently pays 35% of its operation profits in taxes and $200 per year in preferred dividends, then what is Bubble’s net profit margin?

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