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A company's gross profit was $88,890 and its net sales were $366,100. Its gross margin ratio equals: (Round your answer to one decimal place.) rev:

A company's gross profit was $88,890 and its net sales were $366,100. Its gross margin ratio equals: (Round your answer to one decimal place.) rev: 09_29_2015_QC_CS-27471 75.7%. 4.1%. $88,890. 24.3%. $366,100.

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