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1- Financial information is presented below: Operating expenses $ 50000 Sales returns and allowances 6000 Sales discounts 7000 Sales revenue 158000 Cost of goods sold

1- Financial information is presented below: Operating expenses $ 50000 Sales returns and allowances 6000 Sales discounts 7000 Sales revenue 158000 Cost of goods sold 90000 The gross profit rate would be

A )0.38.

B) 0.35.

C) 0.43.

D) 0.62.

2- Financial information is presented below:

Operating expenses $ 44000
Sales returns and allowances 14000
Sales discounts 5000
Sales revenue 180000
Cost of goods sold 109000

The profit margin would be

A ) 0.32.

B) 0.02.

C) 0.17.

D) 0.05.

Hi can you help on this questions asap

thanks

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