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3. Hector's sales was $120M this year and $110M last year. Its Cost of Goods Sold was $70M this year and $60M last year. What

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3. Hector's sales was $120M this year and $110M last year. Its Cost of Goods Sold was $70M this year and $60M last year. What is Gross Margin? 58.3% 41.7% 40% 0 43.5%

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