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25.14: A company has a gross profit margin of 80% and a profit margin of 5%. If it showed a $50,000 profit or the

25.14: A company has a gross profit margin of 80% and a profit margin of 5%. If it showed a $50,000 profit or the year, what was its gross profit? A $312,500 B $1,000,000 C $250,000 D $800,000

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