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114) Calculate gross profit margin given the following information: sales = $1,200; cost of goods sold = $450; general and administrative costs = $150. A)
114) Calculate gross profit margin given the following information: sales = $1,200; cost of goods sold = $450; general and administrative costs = $150. A) 0.385 B) 0.75 C) 0.50 D) 0.625 E) 0.875
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