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A retail company reported revenue of $10,000,000 and operating expenses of $7,000,000 for the fiscal year. Calculate the company's operating income and operating margin. Based
A retail company reported revenue of $10,000,000 and operating expenses of $7,000,000 for the fiscal year. Calculate the company's operating income and operating margin. Based on these figures, provide insights into the company's operational efficiency and profitability compared to industry benchmarks.
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