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A company had net sales of $ 7 5 0 , 0 0 0 and cost of goods sold of $ 5 4 0 ,

A company had net sales of $750,000 and cost of goods sold of $540,000. Its net income was $17,530. The company's gross mai
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18.9%
24.5%
28.0%
347%
352%
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