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Arlington Clothing, Inc., shows the following information for its two divisions for year 1: The results for year 2 have just been posted: Compute divisional
Arlington Clothing, Inc., shows the following information for its two divisions for year 1: The results for year 2 have just been posted: Compute divisional operating income for the two divisions. (Enter your answers in thousands of dollars rounded to 1 decimal place.) What are the gross margin and operating margin percentages for both divisions? (Enter your answers as a percentage rounded to 2 decimal places (i.e., 32.12).)
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