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9 A company's net sales were $727,700, its cost of goods sold was $244,510 and its net income was $62,450. Its gross margin ratio equals:

9 A company's net sales were $727,700, its cost of goods sold was $244,510 and its net income was $62,450. Its gross margin ratio equals: 1:21:34 Multiple Choice 33.60% 25.54% 66.4% 8.6% 29760%. Prey 19 of 37 HE Nav

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