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7. - Company G had the following financial information: - Total Revenue: $200,000 - Cost of Goods Sold: $80,000
7.
- Company G had the following financial information:
- Total Revenue: $200,000
- Cost of Goods Sold: $80,000
- Operating Expenses: $50,000
Calculate the gross profit margin and operating profit margin. Discuss the significance of these margins in evaluating company performance.
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