If straw has no interest expense and currently pays 35 of


Straw Corp has an operating profit of $120 million produced from $980 million in sales.

If Straw has no interest expense and currently pays 35% of its operating profits in taxes. Straw has no preferred stocks. then what is Straw's net profit margin?

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Financial Management: If straw has no interest expense and currently pays 35 of
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