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A company shows the following balances Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold $2459000 419000 40000 1490000 Lir What is

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A company shows the following balances Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Goods Sold $2459000 419000 40000 1490000 Lir What is the gross profit rate? 51.5% 39.5% 25.5% 745% o

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