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A company had $5 milion in sales, $3 million in cost of goods sold, and $1 million in selling and administrative expenses during the last

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A company had $5 milion in sales, $3 million in cost of goods sold, and $1 million in selling and administrative expenses during the last fiscal year. If the com percentage? pany's income tax rate was 25% what was the company's gross profit margin OA. OB. C OD, 2096 5096 30% 4096

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