Question 1 of 30
A financial services firm is analyzing its quarterly performance metrics using Salesforce Financial Services Cloud. The firm has identified that its total revenue for the quarter was $500,000, with a cost of goods sold (COGS) amounting to $300,000. Additionally, the firm incurred operating expenses of $100,000. The management wants to calculate the gross profit margin and the operating profit margin to assess the overall profitability. What is the operating profit margin expressed as a percentage?
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