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A company's gross profit (or gross margin) was $118,350 and its net sales were $466,300. Its gross margin ratio is: Multiple Choice O 74.6% 86

A company's gross profit (or gross margin) was $118,350 and its net sales were $466,300. Its gross margin ratio is: Multiple Choice O 74.6% 86 $118.350 25% $347.950

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