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Archie's Shoe Store had sales last year of $3,000,000, a gross margin of 48%, and an operating margin of 5%. What were total operating expenses
Archie's Shoe Store had sales last year of $3,000,000, a gross margin of 48%, and an operating margin of 5%. What were total operating expenses for Archie's last year?
- A. Not enough information to calculate an answer
- B. $150,000
- C. $560,000
- D. $1,290,000
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