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(4 pts) Assume you own a retail store. Your Sales (Revenues) last year were $600,000. Your Cost of Goods Sold was $390,000 and the Selling

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(4 pts) Assume you own a retail store. Your Sales (Revenues) last year were $600,000. Your Cost of Goods Sold was $390,000 and the Selling General and Administrative expenses were $150,000. What was your Gross profit margin last year? What was your Operating Profit Margin? Gross profit margin last year = % Operating profit margin last year =

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