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A company reported revenues of $378,000, cost of goods sold of $127,000, selling expenses of $9,000, and total operating costs of $77,000. Gross margin for

A company reported revenues of $378,000, cost of goods sold of $127,000, selling expenses of $9,000, and total operating costs of $77,000. Gross margin for the year is O A. $242,000 B. $251,000 C. $165,000 D. $292,000

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