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15 & 16. The Bryan Miller Company reported the following income for 2013: $ Sales Cost of Goods Sold Gross Margin Selling and Admin expense

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15 & 16. The Bryan Miller Company reported the following income for 2013: $ Sales Cost of Goods Sold Gross Margin Selling and Admin expense Operating income Interest Expense Income before taxes Income tax expense Net income 30,000 12,000 18,000 10,000 8,000 2,000 6,000 2,000 4,000 $ 15. What is the company's net margin %? A. 60% B. 20% C. 27% D. 13% 16. What is the company's gross margin %? A. 60% B. 20% C. 27% D. 13%

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