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A business's Sales is $80,000; COGS is $36,000; Other Expenses are $14,000. What is this business's gross profit margin (rounded to whole number)? O a
A business's Sales is $80,000; COGS is $36,000; Other Expenses are $14,000. What is this business's gross profit margin (rounded to whole number)? O a None of the answer choice is correct O b. 43% O c. 23% O d. 38% O e. 55%
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
