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A company shows the following balances: Sales $970000 220000 Sales returns and allowances Cost of goods sold Operating expenses 600000 79000 What is the gross

A company shows the following balances: Sales $970000 220000 Sales returns and allowances Cost of goods sold Operating expenses 600000 79000 What is the gross profit margin? 38.1% 81.5% 61.9% 0 20.0%

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