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16. Financial information is presented below: Operating Expenses Sales Returns and Allowances Sales Discounts Sales Revenue Cast of Goods Sold $ 21,000 7,000 3,000 150,000

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16. Financial information is presented below: Operating Expenses Sales Returns and Allowances Sales Discounts Sales Revenue Cast of Goods Sold $ 21,000 7,000 3,000 150,000 105,000 The profit margin ratio would be b. .14 c .09. 17. Financial information is presented below

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