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20 Olly Company is a merchandising business that sells dog food. Based on the following information, what is the gross margin for Olly Company? Sales

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20 Olly Company is a merchandising business that sells dog food. Based on the following information, what is the gross margin for Olly Company? Sales Revenue Cash Accounts Receivable Inventory Cost of goods sold Operating expenses $436,800 92,500 51,100 30, 200 367, 400 53,800 Multiple Choice $120,000 $221,100 O $69,400 o

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