Use the selected financial data from GEX Company to answer questions :

Use the selected financial data from GEX Company to answer questions :
Inventory $57 million
Accounts receivable 52 million
Current assets 129 million
Total assets 324 million
Accounts payable 36 million
Current liabilities 61 million
Total liabilities 163 million
Total stockholder’s equity 161 million
Net sales 345 million
Cost of goods sold 248 million
Operating profit 23 million
Income tax expense 4 million
Net profit 11 million
f, Calculate the operating profit margin.







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