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1. What is Net sales 2. What is Cost of good sold 3. What is Gross Margin Use the following information to calculate the numbers

1. What is Net sales

2. What is Cost of good sold

3. What is Gross Margin

Use the following information to calculate the numbers on a vertical analysis for the next 3 questions: 2022 500,000 232,100 167,900 92,400 75,500 Net Sales Cost of goods sold Gross Margin Operating expenses Net Income

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