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A company's income statement shows sales revenue of $500,000, cost of goods sold of $250,000, and operating expenses of $150,000. Calculate the gross profit margin
A company's income statement shows sales revenue of $500,000, cost of goods sold of $250,000, and operating expenses of $150,000. Calculate the gross profit margin and the operating profit margin. Discuss the implications of these margins for the company's profitability and operational efficiency, including how they inform pricing strategies, cost control measures, and performance evaluation.
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