Silver River Paddleboards Co. had $1,500,000 in sales for the year, which provided an after...
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Accounting
Silver River Paddleboards Co. had $1,500,000 in sales for the year, which provided an after tax profit of $360,000. Their tax rate was 40%. If their gross profit margin was 60% and interest expense was $30,000, what was the total of their operating expenses for the year? Select answer from the options below cannot be determined with the information provided $270,000 $600,000 $360,000
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