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Based on the income profit/loss statement that follows, calculate the percentage that each element represents. Sales $567,100 ___________% Cost of Goods Sold $251,000 ___________% Gross

  1. Based on the income profit/loss statement that follows, calculate the percentage that each element represents.

Sales $567,100 ___________%

Cost of Goods Sold $251,000 ___________%

Gross Margin $316,100 ___________%

Operating Expenses $285,500 ___________%

Profit/Loss $ 30,600 ___________%

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