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A company's net sales are $852.820, its costs of goods sold are $461,375, and its net income is $119,495. Its gross margin ratio equals: Multiple

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A company's net sales are $852.820, its costs of goods sold are $461,375, and its net income is $119,495. Its gross margin ratio equals: Multiple Choice S41% 465 9%. 25, 99%. 14,01%

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