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1 pts Question 14 I store that sells household items. Their gross profit percentage is 40%. In May, they had net sales of $140,000. Their

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1 pts Question 14 I store that sells household items. Their gross profit percentage is 40%. In May, they had net sales of $140,000. Their operating expenses must be less than income from operations in May I to report positive $84,000 O $56,000 O $100,000 O cannot be determined fro.) the information provided D Question 15 1 pts Monroe Company invested $15,000 of cash in equipment with a useful life of 10 years. This transaction caused Monroe Company's debt ratio to have no effect O increase O double O decrease

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